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de facto corporation
English
Meaning
de facto corporation
meaning
What does
de facto corporation
mean?
de facto corporation
noun
—
(
legal
)
A
business
entity
that
is
treated
as
a
corporation
for
certain
purposes
despite
its
failure
to
meet
all
of
the
formal
requirements
imposed
by
law
for
a
corporation
to
exist
.
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