Incorporate
Term · Law · MLC-T-LAW-002577
To form a legal entity, such as a corporation, by following specific statutory procedures. This act creates a separate legal person distinct from its owners, providing limited liability to the shareholders. Businesses incorporate under state law by filing articles of incorporation with the relevant state agency.
| Identifier | MLC-T-LAW-002577 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002577",
"term": "Incorporate",
"field": "Law",
"definition": "To form a legal entity, such as a corporation, by following specific statutory procedures. This act creates a separate legal person distinct from its owners, providing limited liability to the shareholders. Businesses incorporate under state law by filing articles of incorporation with the relevant state agency.",
"url": "https://mlchart.com/terminology/law/incorporate/"
}
Record 2,500 of 5,441 in Law terminology (MLC-0107). Request the full dataset.