immortality of corporation

immortality of corporation
One of the most important attributes of a corporation, as spoken of in the Dartmouth College Case. Dartmouth College v Woodward (US) 4 Wheat 518, 4 L Ed 629. Meaning only the capacity of continuous succession during the time of the existence of the corporation, whether that is definite or indefinite. 18 Am J2d Corp § 94.

Ballentine's law dictionary. . 1998.

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