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LSDefine

Simple English definitions for legal terms

corporate distribution

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A quick definition of corporate distribution:

Corporate distribution refers to a company giving money or property to its shareholders, like paying dividends. It can also refer to a partnership giving money or property to its partners. When a company is closing down, it may distribute its assets to its owners in a process called liquidation. Probate distribution is when a court divides a deceased person's assets among their heirs. Secondary distribution is when a large block of previously issued stock is sold to the public. Securities-offering distribution is when a company sells new securities to the public through an underwriting agreement with a broker-dealer or informally without brokers. Trust distribution is when a beneficiary of a trust receives money or property.

A more thorough explanation:

Corporate distribution refers to the transfer of money or property by a corporation to its shareholders. This can include dividend payments from the corporation's earnings or the distribution of excess capital that is not needed for current operations.

  • Liquidating distribution: When a corporation or partnership is dissolving, it may distribute its assets to its partners or shareholders. This is known as a liquidating distribution.
  • Nonliquidating distribution: A corporation or partnership may also distribute excess capital that is not needed for current operations. This is known as a nonliquidating distribution.
  • Partnership distribution: A partnership may distribute cash or property to its partners as payment for their share of earnings or as an advance against future earnings.

These examples illustrate how corporate distribution can take different forms depending on the situation. In each case, the corporation or partnership is distributing money or property to its shareholders or partners.

corporate crime | corporate domicile

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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