involuntary dissolution

involuntary dissolution
involuntary dissolution see dissolution

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

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  • dissolution — dis·so·lu·tion /ˌdi sə lü shən/ n: the act or process of ending: as a: the termination of an organized body (as a court) b: the ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship c: the… …   Law dictionary

  • dissolution — Act or process of dissolving; termination; winding up. In this sense it is frequently used in the phrase dissolution of a partnership. See partnership, below, this topic. Contracts. The dissolution of a contract is the cancellation or abrogation… …   Black's law dictionary

  • dissolution — Act or process of dissolving; termination; winding up. In this sense it is frequently used in the phrase dissolution of a partnership. See partnership, below, this topic. Contracts. The dissolution of a contract is the cancellation or abrogation… …   Black's law dictionary

  • dissolution of corporation —    The termination of a corporation. This can be voluntary, by resolution, payment of debts, distribution of assets, and filing of the appropriate documents with the state authorities. It can also be involuntary, by state action, for failure to… …   Business law dictionary

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  • deadlocked — Unable to agree. Corporation. Deadlock in a closely held corporation arises when a control structure permits one or more factions of shareholders to block corporate action if they disagree with some aspect of corporate policy. A deadlock often… …   Black's law dictionary

  • deadlocked — Unable to agree. Corporation. Deadlock in a closely held corporation arises when a control structure permits one or more factions of shareholders to block corporate action if they disagree with some aspect of corporate policy. A deadlock often… …   Black's law dictionary

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