disincorporation
Ending legal existence
Disincorporation is the dissolution of a corporate entity or the reversal of incorporation.
A business might undergo disincorporation when closing down or restructuring.
More commonly, the term applies to municipalities: a city or town disincorporates when it dissolves its local government and reverts to unincorporated territory under county jurisdiction.
The small town voted for disincorporation after years of budget shortfalls.
Formal termination of group
- liquidationSelling assets for cash
- terminationAct of ending something
- annulmentDeclared void from start
- abolitionFormal discontinuation of practice
cessation · dismantling · unraveling · collapse · disassembly · dismemberment · breakup · winding-up
Distributing power from center
- self-governanceIndependent management of affairs
- independenceFreedom from external control
- devolutionTransferring power locally
- secessionFormal withdrawal from union
separation · detachment · withdrawal · disaffiliation · sovereignty · self-determination · breakaway · splitting
Large populated area
- townMid-sized settlement
- villageSmall rural community
- boroughAdministrative town or district
- townshipCounty's smaller division
hamlet · district · annexation · merger · consolidation · county · charter · residents
Formal written appeal
- statuteEnacted written rule
- hearingPerceiving sound waves
- courtTrial venue or sports surface
- rulingFormal legal determination
filing · approval · ordinance · charter · procedure · compliance · documentation · effective date
disbandment
Formal termination of group
- liquidationSelling assets for cash
- terminationAct of ending something
- annulmentDeclared void from start
abolition · cessation · dismantling · unraveling · collapse · disassembly · dismemberment · breakup · winding-up · closure
decentralization
Distributing power from center
- self-governanceIndependent management of affairs
- independenceFreedom from external control
- devolutionTransferring power locally
secession · separation · detachment · withdrawal · disaffiliation · sovereignty · self-determination · breakaway · splitting · partition
city
Large populated area
township · hamlet · district · annexation · merger · consolidation · county · charter · residents · boundaries
petition
Formal written appeal
ruling · filing · approval · ordinance · charter · procedure · compliance · documentation · effective date · state law
disincorporationincorporation
Forming a legal entity
chartering · cityhood · founding · establishment · formation
disincorporationincorporation
Forming a legal entity
merger · integration · consolidation · unification · amalgamation
corporation, incorporate, corporate, corporeal, incorporation, corpus, corporeality, unincorporated, reincorporate