Connecticut General Statutes > Chapter 595 – Cooperative Associations
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Terms Used In Connecticut General Statutes > Chapter 595 - Cooperative Associations
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.