- perpetual existence of corporation
- The immortality of a corporation as spoken of in the Dartmouth College Case. Dartmouth College v Woodward (US) 4 Wheat 518, 4 L Ed 629. See perpetual succession.
Ballentine's law dictionary. Anderson, W.S.. 1998.
perpetual existence of corporation
Look at other dictionaries:
corporation — cor·po·ra·tion /ˌkȯr pə rā shən/ n [Late Latin corporatio, from Latin corporare to form into a body, from corpor corpus body]: an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals… … Law dictionary
perpetual succession — noun 1. : the capacity of a corporation to have continuous enjoyment of its property so long as it is legally in existence 2. : the perpetual existence of a corporation … Useful english dictionary
Corporation — • An association recognized by civil law and regarded in all ordinary transactions as an individual. An artificial person Catholic Encyclopedia. Kevin Knight. 2006. Corporation Corporation … Catholic encyclopedia
Perpetual succession — is the continuation of a corporation s or other organization s existence despite the death or an exit from the business of any owner or member, or any transfer of stock … Wikipedia
Corporation — This article is about business corporations. For other uses, see Corporation (disambiguation). Corporate redirects here. For the Bollywood film, see Corporate (film). A corporation is created under the laws of a state as a separate legal entity… … Wikipedia
corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… … Black's law dictionary
corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… … Black's law dictionary
perpetual succession — Continuous and uninterrupted succession of a corporation so long as it shall continue to exist as a corporation. 18 Am J2d Corp § 65. In the case of a life insurance company, an existence which may run beyond the period for which the corporation… … Ballentine's law dictionary
perpetual succession — The continued existence of a corporation until it is legally dissolved. A corporation, being a separate legal person, is unaffected by the death or other departure of any member but continues in existence no matter how many changes in membership… … Big dictionary of business and management
perpetual succession — That continuous existence which enables a corporation to manage its affairs, and hold property without the necessity of perpetual conveyances, for the purpose of transmitting it. By reason of this quality, this ideal and artificial person remains … Black's law dictionary
