Wherever you live, there are likely companies with limited liability of the owners. In the US they are corporations or LLCs or limited partnerships. In your country they may be named differently. See https://en.m.wikipedia.org/wiki/Limited_company.

When such a company runs out of money, nobody else will be required to come up with cash to pay its debts. You don't need to read the bankruptcy laws to verify that, it's just the definition of a limited liability.