Terms Used In New York Laws > General Municipal > Article 15-B > Title 28 - Mount Vernon Urban Renewal Agency

• 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.
• Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
• Service of process: The service of writs or summonses to the appropriate party.