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Limited Liability Act 1855
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Limited Liability Act 1855 : ウィキペディア英語版
Limited Liability Act 1855

The Limited Liability Act 1855 (18 & 19 Vict c 133) was an Act of the Parliament of the United Kingdom that first allowed limited liability for corporations that could be established by the general public in the UK.〔Mayson, French and Ryan (2005) 55〕
==Overview==
Under the Act, shareholders were still liable directly to creditors, for the unpaid portion of their shares. The modern principle that shareholders are liable to the corporation was introduced by the Joint Stock Companies Act 1844.
The 1855 Act allowed limited liability to companies of more than 25 members (shareholders). Insurance companies were excluded from the act, though it was standard practice for insurance contracts to exclude action against individual members. Limited liability for insurance companies was allowed by the Companies Act 1862.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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