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Home > Legal Research > Glossary

Voluntary dissolution

Definition
: dissolution of a corporation upon the initiative of the directors and with approval of a certain percentage of the shareholders
d : the termination of an injunction or stay by court order
e : the termination of a marriage by divorce

Based on Merriam-Webster's Dictionary of Law ©2001.
Merriam-Webster, Incorporated
Published under license with Merriam-Webster, Incorporated.
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Voluntary dissolution