CONTINUITY-OF-LIFE DOCTRINE

By SovConn | June 15, 2014

continuity-of-life doctrine.The principle that the withdrawal, incapacity, bankruptcy, or death of the owner of an entity (esp. a corporation) does not end the entity’s existence. — Also termed continuity of existence. [Cases: Corporations 36. C.J.S. Corporations § 52.] [Blacks Law 8th]

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