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LSDefine

Simple English definitions for legal terms

corporate body

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A quick definition of corporate body:

Corporate Body: A group of people who come together to form a company or organization. This company or organization has legal rights and responsibilities, just like a person. They keep written records of their activities and business transactions in corporate books. They also have a corporate charter, which is like a set of rules that they must follow. Even though a corporation is not a citizen, it has a special status in the state where it was incorporated.

A more thorough explanation:

A corporate body is a legal entity that is created by law and has its own separate existence from its owners or members. It can enter into contracts, own property, and sue or be sued in its own name.

  • Corporation: A company like Apple or Microsoft is a corporate body. It is a separate legal entity from its shareholders and can conduct business on its own.
  • Corporate Books: These are written records of a corporation's activities and business transactions. They include financial statements, meeting minutes, and other important documents.
  • Corporate Charter: This is a legal document that establishes a corporation and outlines its purpose, structure, and governance.
  • Corporate Citizenship: This refers to a corporation's status in the state where it is incorporated. It is not the same as being a constitutional citizen, but it does give the corporation certain legal rights and protections.

These examples illustrate how a corporate body is a distinct legal entity that can operate independently of its owners or members. This allows corporations to conduct business, enter into contracts, and own property in their own name, which can provide certain advantages and protections.

corporate authority | corporate counsel

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RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
14:30
Sent an app to OSU in early december and have STILL not heard back
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