de facto corporation n. a company which operates as if it were a corporation although it has not completed the legal steps to become incorporated (has not filed its Articles, for ...
De facto corporation and corporation by estoppel are both terms that are used by courts to describe circumstances in which a business organization that has failed to become a de ...
de facto corporation n. a company which operates as if it were a corporation although it has not completed the legal steps to become incorporated (has not filed its Articles, for ...