Legal person

Legal person

A legal person has a legal personality, can act on its own name, exercise rights and be subject to obligations. For a "legal person" to exist, an act of incorporation and usually also a registration is required. A legal person exercises rights and is subject to obligations with regard to the national law of its place of establishment, community law or international law. A legal person can group other legal entities (natural or legal), or contain only possessions (e.g. foundation).

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Scratchpads developed and conceived by (alphabetical): Ed Baker, Katherine Bouton Alice Heaton Dimitris Koureas, Laurence Livermore, Dave Roberts, Simon Rycroft, Ben Scott, Vince Smith