Just a note on corporations in the Francophone world:
L'ancienne dnomination "socit de personnes responsabilit limite" (SPRL) est remplace par la nouvelle dnomination "socit responsabilit limite" (SARL). Double test pour les distributions de bnfices, comme les dividendes. Limitation de la responsabilit des administrateurs
Clearly the gun dates to before the term SARL replaced SPRL for designation who/how the benefits and dividends are distributed and what liability is on the administrators. Thus, an older gun as Bob Beach has outlined above.
Regards, Tim
Last edited by Tim Carney; 08/04/20 08:00 PM.
