Cartoon Guy Holding Stack Of Books

Deep Link

ABC Blocks

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 example) or has been dissolved or suspended but continues to function. the court temporarily treats the corporation as if it were legal in order to avoid unfairness to people who thought the corporation was legal.

Was This Term Helpful?

0 out of 0 found this helpful


Still got a question or concern?

Click here to contact us or go back to the main Glossary page.