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you are here: > Civil Code
> Article 139
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4. Living relationships |
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| 4.4 Standards of a corporation | ||
| Article 139-Standards of a corporation | ||
| 139.1 | Standards of a corporation | |
| A corporation is an entity formed by one or more persons to which legal personality through proper registration is assigned giving it certain rights and duties including the capacity of succession. | ||
| Corporations are a vital element of a healthy society and its economy. Corporations provide jobs, provide vehicles for invention and ways to improve the quality of life of a community. Corporations also must abide by certain fundamental responsibilities as expected of any good individual citizen in a society. | ||
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