Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

C corporation

See CORPORATION.

domestic corporation

1. A corporation that is organized and chartered under the laws of a state. ( The corporation is considered domestic by the chartering state. Cf. foreign corporation. 2. Tax. A corporation created or organized in the United States or under federal or state law. IRC (26 USCA) § 7701(a)(4).

public corporation

See CORPORATION

quasi public corporation

A for-profit corporation providing an essential public service. ( An example is an electric company or other utility

quasi-public corporation

See CORPORATION.

subchapter-C corporation

See C corporation.