Purposes and Powers

Tross

New Member
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".....shall possess any and all purposes and powers of A Corporation; and all leases, licenses ........"

What is the definition of "purposes" in the above context?
I'm not sure whether the word should take its normal definition or a "legal" one. If the latter, what is it?
Thanks
 
  • Artrella

    Banned
    BA
    Spanish-Argentina
    Tross said:
    ".....shall possess any and all purposes and powers of A Corporation; and all leases, licenses ........"

    What is the definition of "purposes" in the above context?
    I'm not sure whether the word should take its normal definition or a "legal" one. If the latter, what is it?
    Thanks


    What do you think of this definition? I'm not sure if it is legal or not... :p

    purposes a particular requirement or consideration, typically one that is temporary or restricted in scope or extent: state pensions are considered as earned income for tax purposes
     
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