Connecticut General Statutes 19a-435 – Definitions
Current as of: 2023 | Check for updates
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As used in this chapter:
Terms Used In Connecticut General Statutes 19a-435
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(1) “Person” means any individual, partnership, corporation, limited liability company, firm, company, association, society or group;
(2) “Assembly” means a company of persons gathered together at any location at any single time for any purpose.