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refers to a business corporation which does not issue stock to its members and are created not to profit but for the public good and welfare. Of this character are most of the religious, social, charitable, educational, literary scientific, civic and political organizations and societies.
A Non-Stock Corporation is basically a corporation that does not issue shares of stock. It can be formed as either a for-profit or non-profit corporation. Since the Non-Stock Corporation has no shareholders, it is owned by its members meaning a member-owned corporation that does not issue shares of stock.
A nonstock corporation is a corporation without stock. It may or may not have members. It must have directors. Nonstock corporations are the preferred form of corporation for nonprofit entities, volunteer-type organizations, and other organizations where individual ownership is not desired.
A stock corporation has authorized capital stock divided into shares of stock either with or without par value. Its engaged in income-generating activities and authorized to declare dividends. A non-stock corporation has no authorized capital stock.
Non-shareholder means any person or entity that is not the Company or a Shareholder.
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Definition: refers to a business corporation which does not issue stock to its members and are created not to profit but for the public good and welfare.
A non-stock corporation is formed or organized for charitable, religious, educational, professional, cultural, fraternal, literary, scientific, social, civic service, or similar purposes like trade industry, agricultural and like chambers, or any combination thereof, subject to the special provisions of this Title
A private company is a firm held under private ownership. Private companies may issue stock and have shareholders, but their shares do not trade on public exchanges and are not issued through an initial public offering (IPO).
refers to a business corporation which does not issue stock to its members and are created not to profit but for the public good and welfare. Of this character are most of the religious, social, charitable, educational, literary scientific, civic and political organizations and societies.
A stock corporation has authorized capital stock divided into shares of stock either with or without par value. Its engaged in income-generating activities and authorized to declare dividends. A non-stock corporation has no authorized capital stock.

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