Dissolution Law and Legal Definition
Dissolution is the act of bringing to an end. It is the act of rendering a legal proceeding null, or changing its character.
The term has varied meanings. For example:
Under contract law, dissolution is the cancellation or termination of a contract or other legal relationship by the parties. For example, dissolution of marriage.
Under corporate law, it is the last stage of liquidation. Dissolution is the process by which a company is brought to an end.
Under adoption law, it is the term for legal process by which an adoption is reversed. This is commonly called disruptions.
Under partnership law, dissolution of a partnership is the termination of partnership.
In International law, dissolution is breaking up of a state into several entities. For example USSR dissolving into different republics.
