Incorporation
Term · Law · MLC-T-LAW-002580
The legal process of forming a corporation, which establishes it as a separate legal entity from its owners. This act confers limited liability on shareholders and allows the business to operate under its own name. The process typically involves filing articles of incorporation with a state's secretary of state.
| Identifier | MLC-T-LAW-002580 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002580",
"term": "Incorporation",
"field": "Law",
"definition": "The legal process of forming a corporation, which establishes it as a separate legal entity from its owners. This act confers limited liability on shareholders and allows the business to operate under its own name. The process typically involves filing articles of incorporation with a state's secretary of state.",
"url": "https://mlchart.com/terminology/law/incorporation/"
}
Record 2,503 of 5,441 in Law terminology (MLC-0107). Request the full dataset.