§ 55-3 Limitation of effect of certain acts

Terms Used In Connecticut General Statutes > Chapter 978 - Concluding Provisions

  • 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.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.