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In Commendam

in commendam adj

[New Latin, translation of French (societé) en commandité (company) in limited partnership]
in the civil law of Louisiana
: characterized by partnership liability that is limited to the amount of capital contribution see also partner in commendam at partner partnership in commendam at partnership

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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