- 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. HENRY CAMPBELL BLACK, M. A.. 1990.