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A quasi-corporation is [1] an entity that exercises some of the functions of a corporation, but has not been granted separate legal personality by statute. [2] For example, a public corporation with limited authority and powers such as a county or school district is a quasi-corporation.
Companies portal; United States portal; Below are U.S. entities that are quasi-public, sometimes meaning they operate like (and are sometimes organized as) private organizations and are run by a board of directors or similar arrangement whose members are appointed by government entities.
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
In Canada, state-owned corporations are referred to as Crown corporations, indicating that an organization is established by law, owned by the sovereign (either in right of Canada or a province), and overseen by parliament and cabinet. Examples of federal Crown corporations include: the Canadian Broadcasting Corporation; Canada Post; Bank of Canada
The specific problem is: Split into separate sections for independent agencies vs. government-owned corporations. Please help improve this section if you can. ( July 2024 ) ( Learn how and when to remove this message )
vesioikeudellinen yhteisö (Swedish: vattenrättslig sammanslutning), [45] a corporation of water law for a project that involves economic use of bodies of water; yhteisalue (Swedish: samfälliga område), [46] a corporation for the maintenance of a real property jointly used by several other properties or persons
The summer of 2019 should’ve been the start of an exciting new chapter for drummer Janet Weiss. That July, citing creative differences, she left Sleater-Kinney, the three-piece indie act she’d ...
A quasi-foreign corporation (also known as a pseudo-foreign corporation) is a corporation incorporated in a jurisdiction with which it has minimal business contacts. Corporations may incorporate in foreign jurisdictions in order to minimize liability, taxes, or regulatory interference.