Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
Perpetual succession — is the continuation of a corporation s or other organization s existence despite the death or an exit from the business of any owner or member, or any transfer of stock … Wikipedia
perpetual succession — noun 1. : the capacity of a corporation to have continuous enjoyment of its property so long as it is legally in existence 2. : the perpetual existence of a corporation … Useful english dictionary
perpetual succession — Continuous and uninterrupted succession of a corporation so long as it shall continue to exist as a corporation. 18 Am J2d Corp § 65. In the case of a life insurance company, an existence which may run beyond the period for which the corporation… … Ballentine's law dictionary
perpetual succession — The continued existence of a corporation until it is legally dissolved. A corporation, being a separate legal person, is unaffected by the death or other departure of any member but continues in existence no matter how many changes in membership… … Big dictionary of business and management
perpetual — I adjective adsiduus, amaranthine, ceaseless, chronic, constant, continuous, deathless, endless, enduring, eternal, ever abiding, everlasting, fixed, having no limit, immortal, imperishable, impossible to stop, incessant, indelible,… … Law dictionary
succession — The devolution of title to property under the law of descent and distribution. The act or right of legal or official investment with a predecessor s office, dignity, possession, or functions; also the legal or actual order of so succeeding from… … Black's law dictionary
succession — Following another; succeeding to the rights of another, as where a new corporation which is a reorganization of another corporation takes the rights of the old corporation. 19 Am J2d Corp § 1524. The passing of property in possession or enjoyment … Ballentine's law dictionary
perpetual existence of corporation — The immortality of a corporation as spoken of in the Dartmouth College Case. Dartmouth College v Woodward (US) 4 Wheat 518, 4 L Ed 629. See perpetual succession … Ballentine's law dictionary
succession — suc·ces·sion /sək se shən/ n 1 a: the order in which or the conditions under which one person after another succeeds to a property, dignity, position, title, or throne the sequence of succession to the presidency b: the right of a person or line… … Law dictionary
perpetual check — noun Date: circa 1909 an endless succession of checks to which an opponent s king may be subjected to force a draw in chess … New Collegiate Dictionary
