De facto corporation and corporation by estoppel

De facto corporation and corporation by estoppel are both terms that are used by courts in most common law jurisdictions to describe circumstances in which a business organization that has failed to become a de jure corporation (a corporation by law) will nonetheless be treated as a corporation, thereby shielding shareholders from liability.[1]

  1. ^ "De Facto Corporation: Everything You Need to Know". Upcounsel. 1 February 2023. Retrieved 2 February 2024.

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