Spolecnost S Rucenim Omezenim

SRO is an old Terran form of corporation, and still recognized within the Solomani Sphere.

• Business term & business charter

Description / Specifications

Spolecnost S Rucenim Omezenim (limited company). A limited company is a separate legal entity from its owners: the organization shields them from personal liability. In the event a company gets into financial trouble or declares bankruptcy, its owners are not personally liable for the debt.

History & Background / Dossier

The suffix originated in the central European region of Terra.

References & Contributors (Sources)

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• TBD
• Traveller Wiki Editorial Team
• Author & Contributor: Lord (Marquis) and Master Scout Emeritus Adie Alegoric Stewart of the IISS
• Author & Contributor: Lord (Marquis) and Master of Sophontology Maksim-Smelchak of the Ministry of Science