continuity of life doctrine

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.]
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译者Henry,毕业于世界顶级翻译学院,擅长翻译各种与企业管治相关的法律文件。
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