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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词条贡献者

专业法律翻译郭敏，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与复杂保险交易有关的法律文件。