Corporation - Law Dictionary Search Results
ripe
because reasonably determined to be valid and not required to be kept secret for business reasons used of corporate information ripe·ness n
cumulative voting
cumulative voting : a system of voting for corporate directors in which each shareholder is entitled to as many votes as he or she has shares times
apportion
apportion : to make a usually proportionate division or distribution of (an amount due) according to a plan: as a : to divide (an amount due in tax or other liability) among the parties responsible for...
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bankruptcy
or chapter 11 of the U.S. Bankruptcy Code. There are four types of relief available to individuals or corporations under the Bankruptcy Code: liquidation (chapter 7), reorganization (chapter 11), debt adjustment for a family farmer (chapter 12),
breach
justification breach of duty : a breach of a duty esp. by a fiduciary (as an agent or corporate officer) in carrying out the functions of his or her position breach of trust : a breach by
capitalization
of a business is considered by courts in cases dealing with equitable subordination of creditors or piercing the corporate veil. 4 : the total par value or the stated value of no-par issues of authorized capital stock
certify
to make] 1 : to state authoritatively: as a : to give assurance of the validity of [ corporate records] b : to present in formal communication (as an order) esp. for review by an appellate court
closely held
closely held : having most stock shares and corporate voting rights in the hands of a few shareholders
combination
combination 1 a : an alliance of individuals, states, or esp. corporations united to achieve a common (as economic) end see also combination in restraint of trade compare joint venture,
contract
seal. Without a clear indication of the parties' intention, however, the presence of a seal, such as a corporate seal, is insufficient to create a contract under seal. Contracts under seal have a substantially longer statute of
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