What is Corporation sole? : Abaara fun facts and uncommon knowledge - Corporation sole

Abaara topic: Corporation sole

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Abaara topic: Corporation sole

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Corporation sole

A corporation sole in English law is a legal entity consisting of a single person. This allows the corporation to pass vertically from one holder of a position to the next, giving the position legal continuity.

Most corporations sole are church-related; for example the Archbishop of Canterbury is a corporation sole. In contrast to a corporation sole, a corporation aggregate consists of two or more persons.

Categories: Corporations law | English law

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This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License

Page topic: Corporation sole