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Dictionary of Law |
articles of incorporation :: legal definitionArticles of incorporation - n. the basic charter of a corporation which spells out the name, basic purpose, incorporators, amount and types of stock which may be issued, and any special characteristics such as being non-profit. Each state has its own system of approval of articles, prohibits names which are confusingly similar to those of existing corporations (so an incorporator can test the name by applying to reserve the name), sets specific requirements for non-profits (charitable, religious, educational, public benefit, and so forth), and regulates the issuance of shares of stock. Articles must be signed by the incorporating person or persons or by the first board of directors. Major stock issuances require application to the Securities and Exchange Commission. The starting point for filing and approval of articles of incorporation is usually the state's Secretary of State. There will be a fee and, often, a deposit of an estimated first year's taxes. See also: corporation and Related Law Terms ↓ Related Law Termsabduction :: n. the criminal taking away of a person by persuas ... g of children. See also: kidnappingaccount stated :: n. a statement between a creditor or the person to ... ending on the state. See also: debt acknowledgment :: n. the section at the end of a document where a no ... me leases and various other papers. administrator :: n. the person appointed by the court to handle the ... e also: administer executor probate agent for acceptance of service :: n. states require that a corporation name an actua ... corporations. See also: corporation Bill of Rights :: n. the first ten amendments to the federal Constit ... ved to the states or to the people. blue sky laws :: n. laws intended to protect the public from purcha ... e sky." See also: corporation stock bond :: n. 1) written evidence of debt issued by a company ... good up to the amount of the bond. capital :: 1) n. from Latin for caput, meaning "head," the ba ... count capital assets stock in trade capital stock :: n. the original amount paid by investors into a co ... price. See also: corporation stock caption :: n. the first section of any written legal pleading ... to the exact format of the caption. certificate of incorporation :: n. document which some states issue to prove a cor ... the articles are sufficient proof. chattel mortgage :: n. an outmoded written document which made a chatt ... ed by the property. See also: UCC-1 civil :: adj. 1) that part of the law that encompasses busi ... also: civil liberties civil rights claim against an estate :: n. upon the death of a person and beginning of pro ... ade to the heirs. See also: probate common law :: n. the traditional unwritten law of England, based ... plied without reference to statute. common stock :: n. stock in a corporation in which dividends (payo ... oration preferred stock share stock company :: n. any formal business entity for profit, which ma ... s a corporation. See also: business complaint :: n. the first document filed with the court (actual ... g prayer service of process summons constitutional rights :: n. rights given or reserved to the people by the U ... e also: Bill of Rights constitution 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. descent :: n. the rules of inheritance established by law in ... on inheritance intestate succession disinherit :: v. to intentionally take actions to guarantee that ... rorem clause pretermitted heir will dissolution of corporation :: n. termination of a corporation, either a) volunta ... e government. See also: corporation dividend :: n. a portion of profit, usually based on the numbe ... . See also: corporation shareholder divorce :: 1) n. the termination of a marriage by legal actio ... y separate property spousal support doing business :: v. carrying on the normal activities of a corporat ... oration operating within the state. domicile :: n. the place where a person has his/her permanent ... where its headquarters is located. double jeopardy :: n. placing someone on trial a second time for an o ... that occurred thirty years earlier. equal opportunity :: 1) n. a right supposedly guaranteed by both federa ... be so. See also: affirmative action equal protection of the law :: n. the right of all persons to have the same acces ... laws." See also: due process of law estate :: n. 1) all that one owns in real estate and other a ... ife estate probate real estate will executor :: n. the person appointed to administer the estate o ... sed decedent executrix probate will extradition :: n. the surrender by one state or country of a pers ... ty. See also: fugitive from justice fair comment :: n. a statement of opinion (no matter how ludicrous ... amation libel public figure slander fictitious defendants :: n. when a party suing (plaintiff) is not sure if h ... are not permitted in federal cases. fiduciary :: 1) n. from the Latin fiducia, meaning "trust," a p ... lation fiduciary relationship trust foreign corporation :: n. a corporation which is incorporated under the l ... tate or Whoopee's designated agent. grace period :: n. a time stated in a contract in which a late pay ... the contract, i.e. your insurance. hearsay rule :: n. the basic rule that testimony or documents whic ... interest dying declaration hearsay hit and run :: n. the crime of a driver of a vehicle who is invol ... , and then walks back to the scene. incorporate :: v. 1) to obtain an official charter or articles of ... te by reference incorporation stock insanity :: n. mental illness of such a severe nature that a p ... M'Naughten rule temporary insanity interrogatories :: n. a set of written questions to a party to a laws ... ing. See also: deposition discovery invasion of privacy :: n. the intrusion into the personal life of another ... randeis. See also: right to privacy 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 living will :: n. also called "a durable power of attorney," it i ... upport. See also: power of attorney marriage :: n. the joining of a male and female in matrimony b ... of time without legal formalities. merger :: n. 1) in corporate law, the joining together of tw ... and taking one, and wife the other. murder :: n. the killing of a human being by a sane person, ... premeditation second degree murder negligence :: n. failure to exercise the care toward others whic ... gence per se res ipsa loquitur tort no fault insurance :: n: a type of automobile insurance required of car ... ling lawsuits. See also: negligence non-profit corporation :: n. an organization incorporated under state laws a ... harity corporation cy pres doctrine not guilty :: n. 1) plea of a person who claims not to have comm ... t guilty by reason of insanity plea notary public :: n. a person authorized by the state in which the p ... he state which appoints the notary. notice to quit :: n. the notice given by a landlord (owner) to a ten ... h-to-month notice unlawful detainer offshore corporation :: n. a corporation chartered under the laws of a cou ... nds in accounts out of the country. partnership :: n. a business enterprise entered into for profit w ... partnership partner silent partner person :: n. 1) a human being. 2) a corporation treated as h ... amages. See also: corporation party preemptive right :: n. the right of a shareholder in a corporation to ... also: corporation shareholder stock preferred stock :: n. a class of shares of stock in a corporation whi ... on stock corporation dividend stock process :: n. in law, the legal means by which a person is re ... service of process subpena summons promotional stock :: n. stock issued in a newly formed corporation and ... assets or money. See also: promoter property :: n. anything that is owned by a person or entity. P ... rty real property separate property prospectus :: n. a detailed statement by a corporation required ... rporation limited partnership stock remedy :: n. the means to achieve justice in any matter in w ... gment provisional remedy settlement seal :: n. a device which creates an impression upon paper ... e "sealed," but that is rare today. securities :: n. generic term for shares of stock, bonds and deb ... ee also: bond debenture share stock security deposit :: n. a payment required by a landlord from a tenant ... lso: landlord and tenant lease rent self-dealing :: n. in the stock market, using secret "inside" info ... ederal Securities and Exchange Act. sentence :: 1) n. the punishment given to a person convicted o ... ence restitution suspended sentence service of process :: n. the delivery of copies of legal documents such ... by publication substituted service share :: n. 1) a portion of a benefit from a trust, estate, ... n issue of the corporation's stock. shareholder :: n. the owner of one or more shares of stock in a c ... : corporation shareholders' meeting state action :: n. in federal Civil Rights Acts, dating back to 18 ... for damages. See also: civil rights state of domicile :: n. the state in which a person has his/her permane ... orated. See also: domicile resident statute of limitations :: n. a law which sets the maximum period which one c ... ies. See also: demurrer laches toll 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 subpena duces tecum :: : (suh-pea-nah dooh-chess-take-uhm or dooh-kess-ta ... ng a court order. See also: witness substituted service :: n. accomplishing service (delivery) of legal docum ... ee also: service service of process transfer agent :: n. a person or company retained by a corporation t ... stockbroker. See also: share stock treasury stock :: n. stock of a private corporation which was issued ... be entitled. See also: share stock unissued stock :: n. a corporation's shares of stock which are autho ... poration share stock treasury stock watered stock :: n. shares of stock of a corporation which have bee ... . See also: corporation share stock will :: n. a written document which leaves the estate of t ... will and testament probate testator Popular Law Searcheslegal 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 - Aa fortiori :: (ah-for-she-ory) prep. Latin for "with even strong ... rother Cain certainly is too young.a priori assumption :: (ah-pree-ory) n. from Latin, an assumption that is ... when the reality is not so certain. a.k.a. :: prep. abbreviation for "also known as" when someon ... nodgrass, a.k.a. "Snuffy the Snod." ab initio :: prep. lawyer Latin for "from the start," as "it wa ... tart," as "it was legal ab initio." abandon :: v. to intentionally and permanently give up, surre ... lso: abandoned property abandonment abandoned property :: n. property left behind (often by a tenant) intent ... -use. See also: abandon abandonment abandonment :: n. the act of intentionally and permanently giving ... : abandon abandoned property patent abate :: v. to do away with a problem, such as a public or ... ty septic tank. See also: abatement abatement :: n. 1) the removal of a problem which is against pu ... eneficiary in full. See also: abate abduction :: n. the criminal taking away of a person by persuas ... g of children. See also: kidnapping abet :: v. to help someone commit a crime, including helpi ... n the crime. See also: aid and abet abeyance :: 1) n. when the owner- ship of property has not bee ... 2) legal jargon for "undetermined." able-bodied :: adj. physically capable of working at a job or in ... of paying alimony or child support. abortion :: n. the termination of pregnancy by various means, ... ed abortion continue in the future. abrogate :: v. to annul or repeal a law or pass legislation th ... ons of a contract. See also: repeal abscond :: v. 1) traditionally to leave a jurisdiction (where ... as in "he absconded with the loot." absolute :: adj. complete, and without condition. ... j. complete, and without condition. abstention doctrine :: n. when the Supreme Court refuses to exercise its ... being appealed from a state court. abstract :: n. in general, a summary of a record or document, ... tract of judgment abstract of title abstract of judgment :: n. a written summary of a judgment which states ho ... aying the debt. See also: levy lien |