Section 7. Power Of The State Governments To Create Corporations
Description
This section is from the book "Popular Law Library Vol8 Partnership, Private Corporations, Public Corporations", by Albert H. Putney. Also available from Amazon: Popular Law-Dictionary.
Section 7. Power Of The State Governments To Create Corporations
The power of the State Governments to create corporations is much more extensive than that of the National government. A State can create a corporation of any character and for any purpose which is not in violation either of the Federal Constitution or of the State Constitution.
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