Assertion: close corporation | /r/HasProperty | registered
Facets:
Source sentences:
text: To have its own persona means that, although it is not an individual person, it can act as if it is a person and certain rights and obligations are conferred to it, seperate from its members, from the moment it is registered.
text: The Association Agreement is preferably signed before the Close Corporation is registered, but can be drafted and signed afterwards.
text: Once all this is done, the Close Corporation can be registered.
text: Under these circumstances the fact that a Close Corporation was registered can be ignored as if it was not registered and the members be held personally liable as if the Close Corporation did not exist.