organization of corporation
- organization of corporation
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The process of forming and arranging into suitable disposition the parts of the body to be created and of defining the objects of such body. A process stopping short of the conferring of a franchise to be a corporation or charter. Hughes Co. v Farmers' Union Produce Co. 110 Neb 736, 194 NW 872, 37 ALR 1314, 1318. A process completed when the first meeting has been called, the act of incorporation accepted, officers elected, and bylaws providing for future meetings adopted. Roosevelt v Hamblin, 199 Mass 127, 85 NE 98.
Ballentine's law dictionary.
Anderson, W.S..
1998.
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