Dictionary of Law
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foreign corporation :: legal definition


Foreign corporation - n. a corporation which is incorporated under the laws of a different state or nation. A "foreign" corporation must file a notice of doing business in any state in which it does substantial regular business. It must name an "agent for acceptance of service" in that state, or the Secretary of State in some jurisdictions will automatically be that agent so people doing business with a foreign corporation will be able to bring legal actions locally if necessary. Example: the Whoopee Widget Corporation is incorporated in Delaware. It has a sales office in Arizona, which does not make a guaranteed refund to Jack Jones of Arizona. Jones can sue Whoopee in Arizona and serve the Arizona Secretary of State or Whoopee's designated agent.


Related Law Terms

agent for acceptance of service :: n. states require that a corporation name an actua ... corporations. See also: corporation
articles of incorporation :: n. the basic charter of a corporation which spells ... year's taxes. See also: corporation
carrier :: n. in general, any person or business which transp ... lso: common carrier private carrier
citizen :: n. person who by place of birth, nationality of on ... look this duality of nationalities.
company :: n. any formal business entity for profit, which ma ... s a corporation. See also: business
corporation :: n. an organization formed with state governmental ... ation public corporation securities
d.b.a. :: n. short for "doing business as," when a person or ... that is registered with the state.
dissolution of corporation :: n. termination of a corporation, either a) volunta ... e government. See also: corporation
doing business :: v. carrying on the normal activities of a corporat ... oration operating within the state.
franchise :: 1) n. a right granted by the government to a perso ... on property, income or profits tax.
grace period :: n. a time stated in a contract in which a late pay ... the contract, i.e. your insurance.
grandfather clause :: n. 1) a clause in a statute or zoning ordinance (p ... Such laws are now unconstitutional.
hearsay rule :: n. the basic rule that testimony or documents whic ... interest dying declaration hearsay
incorporate :: v. 1) to obtain an official charter or articles of ... te by reference incorporation stock
issue :: 1) n. a person's children or other lineal descenda ... the body incorporation share stock
jury :: n. one of the remarkable innovations of the Englis ... hallenge sequester venire voir dire
libel :: 1) n. to publish in print (including pictures), wr ... libel per se public figure slander
limited partnership :: n. a special type of partnership which is very com ... mited liability partner partnership
negligence :: n. failure to exercise the care toward others whic ... gence per se res ipsa loquitur tort
non-profit corporation :: n. an organization incorporated under state laws a ... harity corporation cy pres doctrine
officer :: n. 1) a high-level management official of a corpor ... deputy sheriff or federal marshal.
offshore corporation :: n. a corporation chartered under the laws of a cou ... nds in accounts out of the country.
ostensible agent :: n. a person who has been given the appearance of b ... rent authority ostensible authority
partnership :: n. a business enterprise entered into for profit w ... partnership partner silent partner
reorganization :: n. the implementation of a business plan to restru ... also: bankruptcy corporation merger
seal :: n. a device which creates an impression upon paper ... e "sealed," but that is rare today.
share :: n. 1) a portion of a benefit from a trust, estate, ... n issue of the corporation's stock.
standing :: n. the right to file a lawsuit or file a petition ... so: actual controversy jurisdiction
state of domicile :: n. the state in which a person has his/her permane ... orated. See also: domicile resident
stock certificate :: n. printed document which states the name, incorpo ... . See also: corporation share stock
subchapter S corporation :: n. the choice by a small corporation to be treated ... ing attorney. See also: corporation
Thirty-day notice :: n. a notice by a landlord to a tenant on a month-t ... e also: landlord and tenant service
transfer agent :: n. a person or company retained by a corporation t ... stockbroker. See also: share stock

Popular Law Searches

legal definition ministerial act :: n. an act, particularly of a governmental employee ... exercising any individual judgment.
chancery legal definition :: n. a court that can order acts performed. Today ch ... ts in most states. See also: equity
testamentary disposition legal definition :: n. how the terms of a will divide the testator's ( ... named beneficiaries. See also: will
contract of sufferance :: n. a "hold-over" tenancy after a lease has expired ... y tenancy at will unlawful detainer
forthwith legal definition :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
what is to wit in a legal contract :: prep. that is to say. Example: "the passengers in ... tty Bumgartner and Sherry Younger."
mirror wills legal definition :: n. the wills of a husband and wife which are ident ... d each names the other as executor.
clean hands doctrine latin :: n. a rule of law that a person coming to court wit ... ices. See also: affirmative defense
sine qua non only relates to contract law :: (see-nay kwah nahn) prep. Latin for "without which ... qua non of the injury to Playmate.

Other Law Terms - F

face amount :: n. the original amount due on a promissory note or ... rein, without calculating interest.
face value :: n. in shares of stock, the original cost of the st ... on the certificate, or "par value."
fact :: n. an actual thing or happening, which must be pro ... dge if he/she sits without a jury).
fact finder (finder of fact) :: n. in a trial of a lawsuit or criminal prosecution ... n facts. See also: question of fact
factor :: n. 1) a salesman who sells in his/her own name on ... ing that contributes to the result.
failure of consideration :: n. not delivering goods or services when promised ... n. See also: consideration contract
failure of issue :: n. when someone dies leaving no children or other ... ildren or other direct descendants.
fair comment :: n. a statement of opinion (no matter how ludicrous ... amation libel public figure slander
fair market value :: n. the amount for which property would sell on the ... so: appraise appraiser market value
fair trade laws :: n. state laws which permit manufacturers or produc ... state constitutions in many states.
fair use :: n. the non-competitive right to use of copyrighted ... for a royalty. See also: copyright
false arrest :: n. physically detaining someone without the legal ... sment. See also: false imprisonment
false imprisonment :: n. depriving someone of freedom of movement by hol ... for damages. See also: false arrest
false pretenses :: n. the crime of knowingly making untrue statements ... orm of theft. See also: fraud theft
family :: n. 1) husband, wife and children. 2) all blood rel ... ting this economic and social unit.
family purpose doctrine :: n. a rule of law that the registered owner of an a ... riving his/her car with permission.
federal courts :: n. the court system which handles civil and crimin ... rans' appeals. See also: bankruptcy
federal question :: n. one basis for filing a lawsuit in federal distr ... ves the federal court jurisdiction.
Federal Tort Claims Act :: n. a statute (1948) which removed the power of the ... diction to federal district courts.
fee :: n. 1) absolute title in land, from old French, fie ... See also: attorney's fee fee simple