Article 87: Basic provisions for a limited liability society

1. A limited liability society shall be recognized as an economic society whose statutory capital is divided into shares; members of a limited liability society shall not respond according to its obligation. The members of the society who have not fully paid their shares are jointly and severally liable on the basis of their respective shares. 2. The firm name of the limited liability society shall contain the name of the society and the 3. The legal situation of a limited liability society and the rights and obligations of its members are determined by this Code and by the Law on Societies with respect to the Protection of the Rights of Persons with Disabilities. Abzac II was no longer in force since 1 September 2014.