delectus persons

delectus persons
/dalektas parsowniy/ Choice of the person. By this term is understood the right of a partner to exercise his choice and preference as to the admission of any new members to the firm, and as to the persons to be so admitted, if any. The doctrine is equally applicable to close and family corporations and is exemplified in the use of restrictions for the transfer of shares of stock

Black's law dictionary. . 1990.

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  • delectus persons — /dalektas parsowniy/ Choice of the person. By this term is understood the right of a partner to exercise his choice and preference as to the admission of any new members to the firm, and as to the persons to be so admitted, if any. The doctrine… …   Black's law dictionary

  • delectus personae — de·lec·tus per·son·ae /di lek təs pər sō nē, dā lek tu̇s per sō nī/ n [Latin, choice of person]: the selection of a person satisfactory to oneself for a position (as of partner) involving trust and confidence in the other s character, capacities …   Law dictionary

  • delectus personarum — A selection or choice of persons. See delectus personae …   Ballentine's law dictionary

  • South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

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