WebFinancial, Limited Liability Company, DFHR Investments, Inc. and HD Mile High Marketing, Inc., pursuant to Rule 220 of the Commission's Rules of Practice, hereby answer the allegations set forth in Division II of the Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections ... WebULC stands for Unlimited Liability Company. A few Canadian Provinces (BC, Alberta and Nova Scotia) allow for the incorporation of ULC's, however, their main use is as a tax planning vehicle for US corporations with Canadian operations. ULC's are rarely used for businesses in Canada because they provide unlimited liability for their shareholders ...
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