delectus personae

delectus personae
de·lec·tus per·son·ae /di-'lek-təs-pər-'sō-nē, dā-'lek-tu̇s-per-'sō-nī/ n [Latin, choice of person]: the selection of a person satisfactory to oneself for a position (as of partner) involving trust and confidence in the other's character, capacities, or responsibility

Merriam-Webster’s Dictionary of Law. . 1996.

delectus personae
(Latin: Choice of the person.)
By this term is understood the right of partners to exercise their choice and preference as to the admission of any new members to the partnership, and as to the persons to be so admitted, if any. The doctrine is equally applicable to close and family corporations and is exemplified in the use of restrictions for the transfer of shares of stock.

Dictionary from West's Encyclopedia of American Law. 2005.


delectus personae
[Latin, Choice of the person.] By this term is understood the right of partners to exercise their choice and preference as to the admission of any new members to the partnership, and as to the persons to be so admitted, if any. The doctrine is equally applicable to close and family corporations and is exemplified in the use of restrictions for the transfer of shares of stock.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • delectus personae — A choice or selection of the person. Kingman v Spurr, 24 Mass (7 Pick) 235, 238. The doctrine of delectus personae applies to the selection of a natural person in whose integrity and confidence the donor of a power confides and has no application …   Ballentine's law dictionary

  • delectus personae — pə(r)ˈsō(ˌ)nē, ˌnī noun Etymology: Latin, choice of person : the selection of a person satisfactory to oneself for a position involving trust and confidence in the other s character, capacities, or responsibility used in the phrase right of… …   Useful english dictionary

  • delectus personarum — A selection or choice of persons. See delectus personae …   Ballentine's law dictionary

  • South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

  • КОРПОРАЦИЯ — CORPORATIONВ США акционерная компания с ограниченной ответственностью. Организации бизнеса в форме К. являются наиболее распространенными в США в области производства и в оптовой торговле как в количественном отношении, так и по основным… …   Энциклопедия банковского дела и финансов

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”