corporate authority

corporate authority.

1. The power rightfully wielded by officers of a corporation. [Cases: Corporations 297, 300–303. C.J.S. Corporations §§ 460–461, 469–471.]

2. In some jurisdictions, a municipal officer, esp. one empowered to represent the municipality in certain statutory matters. [Cases: Municipal Corporations 168. C.J.S. Municipal Corporations § 370.]

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词条贡献者

资深译员Lisa，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与私募股权与投资基金有关的法律文件。