Collapsible Corporation Law and Legal Definition
A collapsible corporation is a corporation formed to make a short-term venture. Such corporations are organized under a prearranged plan for its liquidation. Once the purpose for which it is formed is served, the corporation is dissolved or collapsed. For instance, a corporation formed to purchase a real estate.
Legal Definition list
Related Legal Terms
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
- Alaska Native Corporation
- Amended and Restated Articles of Incorporation
- American Municipal Bond Assurance Corporation
- Ancillary Corporation
- Articles of Incorporation
- Benevolent Corporation
- Business Corporation
- C Corporation
