Absent distributions from the entity, cash is generally not available to the partners for personal use. Limited partners are typically required to leave capital in the enterprise until conclusion of the stated term or accomplishment of specific business objective. Liability for the obligations of the enterprise is generally limited to the assets of the corporate entity. Shareholder personal liability is generally limited to unpaid subscription amounts. Capital is frequently reflected in various classes of stock.
Cash remains in enterprise unless distributed.
Distributions typically in the form of dividends. Nevada corporations Taxation. Management and Control. Corporation law provides that certain extraordinary transactions must receive approval of shareholders. Other matters require approval of shareholders if stated in the articles of incorporation.