Company Limited by Guarantee

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DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF110
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A technical identifier, unique in a certain context. Technical key LF110
Language-specific name. Monolingual name Company Limited by Guarantee (en)
Language-specific short name. Monolingual short name Co.Ltd.b/G (en)
Informal and comprehensive human-readable definition of a concept. Description This is a type of organization where members act as guarantors rather than shareholders. The members commit to a predetermined amount (guarantee) to cover the company's liabilities. It's commonly used for charities, clubs, and other non-profit organizations.