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Structural division: BOOK TWO › party › CHAPTER ONE
Article 245 — Definition
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ A share company is a company whose capital is fixed in advance and divided into shares and whose liabilities are met only by the assets of the company.
2/ The obligation of the shareholders shall be limited to making the contribution they pledged to make to the company.