Societe en Commandite Simple
Societe en Commandite Simple : Societe en commandite simple (French: "limited partnership") is composed of general partners, of which the managing partner at least must have unlimited liability, and silent partners whose liability is limited to the amount of their capital contributions. Silent partners are not permitted to perform any management functions vis-a-vis other partners. In a limited partnership without shares, transfer of shares of the limited partners is only allowable with the consent of all the partners. In a limited partnership with shares (Societe en commandite par actions), these are transferred in a manner similar to corporations
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