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General Provisions


§ 221. Definition of public limited company

(1)
A public limited company is a company which has share capital divided into public limited company shares.
(2)
A shareholder shall not be personally liable for the obligations of the public limited company.
(3)
A public limited company shall be liable for performance of its obligations with all of its assets.


§ 222. Amount of share capital

Share capital shall be at least 400000 kroons.


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