MLchartDataset catalogue

Dissolution of corporation

Term · Law · MLC-T-LAW-001673

The legal process by which a corporation ceases to exist as a legal entity. This involves winding up its affairs, paying debts, and distributing any remaining assets to shareholders. State statutes, such as the Delaware General Corporation Law, govern the specific procedures for corporate dissolution.

Table 1. Record
IdentifierMLC-T-LAW-001673
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001673",
  "term": "Dissolution of corporation",
  "field": "Law",
  "definition": "The legal process by which a corporation ceases to exist as a legal entity. This involves winding up its affairs, paying debts, and distributing any remaining assets to shareholders. State statutes, such as the Delaware General Corporation Law, govern the specific procedures for corporate dissolution.",
  "url": "https://mlchart.com/terminology/law/dissolution-of-corporation/"
}

Record 1,551 of 5,441 in Law terminology (MLC-0107). Request the full dataset.