Welcome to the 1520 Perfect Dictionary
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| Disincorporation | |
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| DISINCORPORATION Definitions: i. The quality or state of being disincorporated. ii. The removal from a company or society. iii. The dissolution, extinguishment, and termination of the existence of a city and the cessation of its corporate powers, except for the purpose of winding up the affairs of the city. iv. Deprivation of the rights and privileges of a corporation. v. Broadly the process of a company changing its legal form to a sole trader or partnership. ______________________________________________________________________ * All six elements should and would be in. 1. Purposeful and necessary for owners/members. 2. Requirement(s) of the law complied with therein. 3. Outcomes or consequence predicted prior actions. 4. Expenses involved won't result in an indebtedness. 5. Promptly executed once a due diligence is concluded. 6. Serves purpose(s) & achieves objective(s), as planned. ____________________ REORGANIZE. TERMINATE. DISSOLVE. DEPRIVE. REMOVE. ALTER. | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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