In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.
The current President pro tempore of the Senate is Utah Republican Orrin Hatch. Elected on January 6, 2015, he is the 90th person to serve in this office.
President of the Senate. The president is the principal leader of the Senate. In about 26 states, the lieutenant governor serves as the president of the Senate, and many of these duties are assumed by the president pro tem. President Pro Tem of the Senate. Sometimes, this is an honorary position, with few substantive duties assigned.