15 USC 162 – Creation of China corporations restricted
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No corporation for the purpose of engaging in business within China shall be created under any law of the United States other than this chapter.
Terms Used In 15 USC 162
- China: means (1) China including Manchuria, Tibet, Mongolia, and any territory leased by China to any foreign government, (2) the Crown Colony of Hong Kong, and (3) the Province of Macao. See 15 USC 142
- 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.