Glossary entry

Spanish term or phrase:

accionistas responderán de las pérdidas sólo con sus acciones

English translation:

shareholders' liability shall be limited to their shares only

Added to glossary by Adam Burman
Nov 14, 2007 15:59
16 yrs ago
3 viewers *
Spanish term

accionistas responderán de las pérdidas sólo con sus acciones

Spanish to English Law/Patents Law (general)
Article 9 of Mexican articles of association

La preferencia se ejercitará dentro de los quince días siguientes a la fecha de la publicación del acuerdo en el Diario Oficial de la Federación o en un periódico de los de mayor circulación en el domicilio de la sociedad.
Los accionistas responderán de las pérdidas sólo con sus acciones.

Is the idea that only the shareholders' shares shall be subject to any losses?

Thank you!

Proposed translations

+5
3 mins
Selected

shareholders liability shall be limited to their shares only

I think this is the meaning...
Peer comment(s):

agree Maria Garcia
17 mins
thank you Maria!
agree John Rynne : just add an apostrophe: "shareholders' liability ...:"
38 mins
whoops! You're quite right of course! Thank you!
agree Maria523
3 hrs
thank you Maria!
agree LiaBarros
8 hrs
thank you Lia!
agree Maria Arcelus
9 hrs
thank you Maria!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks for your help on this one Edward!"
7 mins

loss shall only be borne by shareholders with their shares

just a suggestion...

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Note added at 7 mins (2007-11-14 16:07:40 GMT)
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losses...
Something went wrong...
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