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Quasi Corporation Law & Legal Definition

Related to Quasi Corporation

A quasi corporation a business which has operated as a corporation without completing the legal requirements, often in the period just before formal incorporation. It is a corporation formed with good faith intent but lacking a formality.

It is also a corporation consisting of a person or body of persons invested with some of the qualities of an artificial person, though not expressly incorporated, esp. the official of certain municipal divisions such as counties, schools districts, and the towns of some states of the United States, certain church officials, as a churchwarden, etc.






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