primary franchise

primary franchise
The franchise of corporate existence; the result of a grant of special privileges to the incorporators which enables them to act for certain designated purposes as a single individual and exempts them unless otherwise specially provided, from individual liability. 18 Am J2d Corp § 66.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Franchise P/E — The expected value of new business opportunities available to a business. The franchise approach to evaluating a company breaks down the company s observed P/E into two primary components: the P/E coming from the company s business activities… …   Investment dictionary

  • franchise — In the most general sense of the term, a right or privilege conferred by law, e.g. the right to vote. 23 Am J2d Franch § 2. A privilege conferred by law upon a corporation or an individual which permits the recipient to make use of a street or… …   Ballentine's law dictionary

  • secondary franchise — The powers granted to a corporation by the sovereign and specified in its charter or by statute. 18 Am J2d Corp § 66. Any of those franchises of a corporation other than its right or franchise to be a corporation, which is the primary franchise.… …   Ballentine's law dictionary

  • Ghostbusters (franchise) — Logo used by the Ghostbusters in the film Ghostbusters is a supernatural comedy multi media franchise created in 1984. Its inception was for the movie Ghostbusters, released on June 8, 1984 by Columbia Pictures. It centered around a group of… …   Wikipedia

  • National Football League franchise moves and mergers — Throughout the years, a number of teams in the National Football League (NFL) have either moved or merged. In the early years, the NFL was not stable and teams moved frequently to survive, or were folded only to be resurrected in a different city …   Wikipedia

  • Chicago Cubs franchise history — The following is a franchise history of the Chicago Cubs of Major League Baseball, a charter member of the National League who started play in the National Association in 1870. The Chicago N.L. franchise is the only team to play continuously in… …   Wikipedia

  • United States presidential primary — The series of presidential primary elections and caucuses is one of the first steps in the process of electing the President of the United States of America. The primary elections are run by state and local governments, while caucuses are private …   Wikipedia

  • Wing Commander (franchise) — Wing Commander Genres Space flight simulator Developers Origin Systems, Inc. First release Wing Commander 1990[1] …   Wikipedia

  • The Evil Dead (franchise) — This article is about the series. For the first film, see The Evil Dead. For other uses, see The Evil Dead (disambiguation). The Evil Dead series Directed by Sam Raimi Produced by Bruce Campbell Robert Tapert Dino De Laurentiis (Ar …   Wikipedia

  • Highlander (franchise) — Highlander is a film and television franchise that began with a 1986 fantasy movie starring Christopher Lambert, who plays Connor MacLeod , the Highlander. Born in Glenfinnan, in the Scottish Highlands in the 16th century, MacLeod is one of a… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”