Sentences with phrase «separate legal person»
Insofar as the Canadian and British Crowns are distinct corporations sole, Canada and the United Kingdom are able to maintain that their Sovereigns are separate legal persons while having the same natural person as the holder of their respect monarchical offices.
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Because irrevocable life insurance trusts are a separate legal person (entity), money can be gifted to the trust and then used to pay premiums.
It cited two appellate court cases from other jurisdictions that have declined to recognize a mother's duty of care toward her unborn child for the proposition that, despite the modern trend of recognizing the rights of child to assert claims against a third person for injuries incurred when the child was a fetus, «it would be a legal fiction to treat the fetus as a separate legal person with rights hostile to and assertable against its mother.»
The corporation itself is a separate legal person and is responsible for its own debts and obligations.
Piercing of the corporate veil is a well - established exception to the established principle that a company is a separate legal person from its shareholders.
As a non-member of the company, a virtual GC is a separate legal person who is capable of being sued by the company in negligence, even if the company were to be, at any particular moment, the virtual GC's sole client.
It is a separate legal person.
Because irrevocable life insurance trusts are a separate legal person (entity), money can be gifted to the trust and then used to pay premiums.