Definition of corporation sole. Meaning of corporation sole. Synonyms of corporation sole

Here you will find one or more explanations in English for the word corporation sole. Also in the bottom left of the page several parts of wikipedia pages related to the word corporation sole and, of course, corporation sole synonyms and on the right images related to the word corporation sole.

Definition of corporation sole

Corporation sole
Sole Sole, a. [L. solus, or OF. sol, F. seul (fr. L. solus; cf. L. sollus whole, entire. Cf. Desolate, Solemn, Solo, Sullen.] 1. Being or acting without another; single; individual; only. ``The sole son of my queen.' --Shak. He, be sure . . . first and last will reign Sole king. --Milton. 2. (Law) Single; unmarried; as, a feme sole. Corporation sole. See the Note under Corporation. Syn: Single; individual; only; alone; solitary.
corporation sole
Corporation Cor`po*ra"tion (k[^o]r`p[-o]*r[=a]"sh[u^]n), n. [L. corporatio incarnation: cf. F. corporation corporation.] A body politic or corporate, formed and authorized by law to act as a single person, and endowed by law with the capacity of succession; a society having the capacity of transacting business as an individual. Note: Corporations are aggregate or sole. Corporations aggregate consist of two or more persons united in a society, which is preserved by a succession of members, either forever or till the corporation is dissolved by the power that formed it, by the death of all its members, by surrender of its charter or franchises, or by forfeiture. Such corporations are the mayor and aldermen of cities, the head and fellows of a college, the dean and chapter of a cathedral church, the stockholders of a bank or insurance company, etc. A corporation sole consists of a single person, who is made a body corporate and politic, in order to give him some legal capacities, and especially that of succession, which as a natural person he can not have. Kings, bishops, deans, parsons, and vicars, are in England sole corporations. A fee will not pass to a corporation sole without the word ``successors' in the grant. There are instances in the United States of a minister of a parish seized of parsonage lands in the right of his parish, being a corporation sole, as in Massachusetts. Corporations are sometimes classified as public and private; public being convertible with municipal, and private corporations being all corporations not municipal. Close corporation. See under Close.

Meaning of corporation sole from wikipedia

- A corporation sole is a legal entity consisting of a single ("sole") incorporated office, occupied by a single ("sole") natural person. This structure...
- A sole proprietorship, also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by only one...
- Depending on the number of owners, a corporation can be classified as aggregate (the subject of this article) or sole (a legal entity consisting of a single...
- corporations, both public and private sector, are formed by Royal Charter or Act of Parliament. A special type of corporation is a corporation sole,...
- Historically most corporations sole were ecclesiastical in nature (for example, the office of the Archbishop of Canterbury is a corporation sole), but a number...
- Religious corporations are permitted to designate a person to act in the capacity of corporation sole. A mutual-benefit nonprofit corporation or membership...
- taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under the laws of every state;...
- Competition law Compliance (regulation) Consumer law Corporate crime Corporation sole Delaware Journal of Corporate Law Enterprise Act 2002 European Company...
- or sole proprietorship then you will have to change tax status. While public benefit corporations are taxed the same as their underlying corporation status...
- this Act, a corporation shall, subject to subsection (3), be deemed to be a subsidiary of another corporation, if — (a) that other corporation — (i) controls...