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What (who) is quasi corporation - definition
Quasi-municipal corporation; Quasi municipal corporation; Quasi corporation; Quasi-public corporation
quasi corporation
n. a business which has operated as a corporation without completing the legal requirements, often in the period just before formal incorporation.
See also: corporation de facto corporation quasi
Quasi corporation
·add. ·- A corporation consisting of a person or body of persons invested with some of the qualities of an artificial person, though not expressly incorporated, ·esp. the official of certain municipal divisions such as counties, schools districts, and the towns of some States of the United States, certain church officials, as a churchwarden, ·etc.
Quasi-corporation
A quasi-corporation is an entity that exercises some of the functions of a corporation, but has not been granted separate legal personality by statute. For example, a public corporation with limited authority and powers such as a county or school district is a quasi-corporation.
Wikipedia
Quasi-corporation
A quasi-corporation is an entity that exercises some of the functions of a corporation, but has not been granted separate legal personality by statute. For example, a public corporation with limited authority and powers such as a county or school district is a quasi-corporation.
