# L.L.C. suffix an effect of new law?

**URL:** <https://boards.straightdope.com/t/l-l-c-suffix-an-effect-of-new-law/145045>\
**Category:** Factual Questions\
**Created:** [December 26, 2002, 11:03pm UTC](https://boards.straightdope.com/t/l-l-c-suffix-an-effect-of-new-law/145045 "2002-12-26T23:03:57Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![I\_can\_t\_believe\_that\_s\_butter](https://avatars.discourse-cdn.com/v4/letter/i/8edcca/32.png) [@I\_can\_t\_believe\_that\_s\_butter](https://boards.straightdope.com/u/I_can_t_believe_that_s_butter)\
**Post date:** [December 26, 2002, 11:03pm UTC](https://boards.straightdope.com/t/l-l-c-suffix-an-effect-of-new-law/145045/1 "2002-12-26T23:03:57Z")

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Everytime I read something or watch TV, I see “Blah-Blah Communications L.L.C.”. Perhaps I wasn’t paying attention before, but this seems like a new thing to me. Is it new, and what is it?

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**Author:** ![cornflakes](https://avatars.discourse-cdn.com/v4/letter/c/9d8465/32.png) [@cornflakes](https://boards.straightdope.com/u/cornflakes)\
**Post date:** [December 26, 2002, 11:11pm UTC](https://boards.straightdope.com/t/l-l-c-suffix-an-effect-of-new-law/145045/2 "2002-12-26T23:11:41Z")

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[Limited Liability Corporation.](http://www.google.com/search?hl=en&ie=ISO-8859-1&q=%22Limited+Liability+Corporation%22) I’m no expert, but basically it’s a way for small businesses to incorporate.

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**Author:** ![Ringo](https://avatars.discourse-cdn.com/v4/letter/r/779978/32.png) [@Ringo](https://boards.straightdope.com/u/Ringo)\
**Post date:** [December 26, 2002, 11:42pm UTC](https://boards.straightdope.com/t/l-l-c-suffix-an-effect-of-new-law/145045/3 "2002-12-26T23:42:23Z")

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From [Wikipedia](http://www.wikipedia.org/wiki/Corporation):

> [@](#):
>
> Limited Liability Corporation - This is a hybrid between a Partnership and a corporation. In this structure, the entity is owned by one general partner, which may be a corporation or individual, and up to 99 limited partners. The limited partners enjoy the limited liability common to corporations and may be corporations themselves.

Apparently they’ve been around a lot longer than I thought, but they became popular in the U.S. in the early 1990s.
