Unincorporated

{
  "id": "MLC-T-LAW-005068",
  "term": "Unincorporated",
  "field": "Law",
  "definition": "Describing a business or association that has not been incorporated as a corporation, such as a sole proprietorship, general partnership or unincorporated nonprofit association. Owners of these forms are generally personally liable for its obligations. Limited liability companies and limited partnerships are also unincorporated, but state statutes give their owners limited liability.",
  "url": "https://mlchart.com/terminology/law/unincorporated/"
}