The steel braces are used to control the lateral drift of high rise buildings. The braces are designed as tensile members since the braces consisted of slender member can not resist compressive loads by elastic buckling. To resolve this problem, a lot of research were performed to develop the non-buckling member. The force limiting device (FLD.) is one of them. The purpose of this study is the development of FLD. to prevent a elastic buckling for a slender member. The folded plate type is proposed to induce the yielding before occurring elastic buckling. In this study, member test and FEM analysis for proposed type were performed. Further, It is verified that the structure with FLD member is stable by high energy absorption. The proposed folded plate type FLD could be effective to preserve the compressive member from the elastic buckling.