An artificial person is a legal entity created by law that possesses certain rights and responsibilities similar to those of a human being. This term can refer to both real and imaginary entities, such as corporations or companies. In legal contexts, artificial persons are treated as individuals, allowing them to enter contracts, sue, and be sued.
Artificial persons are commonly used in various legal practices, particularly in corporate law. They play a crucial role in the following areas:
Users can manage certain legal procedures related to artificial persons using templates from US Legal Forms, which are drafted by qualified attorneys.
Here are a couple of examples of abatement:
Here are a couple of examples of artificial persons:
Examples of state differences (not exhaustive):
| State | Key Difference |
|---|---|
| California | Requires specific filings for corporations to maintain their status as artificial persons. |
| Delaware | Known for favorable corporate laws, making it a popular state for incorporation. |
| Texas | Has unique regulations regarding the formation and operation of nonprofit artificial persons. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Key Difference |
|---|---|---|
| Natural person | A human being with legal rights and responsibilities. | Natural persons are individuals, while artificial persons are entities created by law. |
| Corporation | A specific type of artificial person that is incorporated under state law. | All corporations are artificial persons, but not all artificial persons are corporations. |
If you are involved with an artificial person, such as a corporation or nonprofit, consider the following steps:
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