Legal person
Legal person is an entity vested with sufficient characteristics of personhood to merit a legal identity separate from its constituent members. These characteristics include: the right to commence or respond to legal action in the entity's name; the right to own assets in the entity's name; and the right to enter into obligations in the entity's name. Legal persons generally include: states; international governmental organisations; public or private entities incorporated pursuant to the law of a state and vested by that state with the characteristics of personhood, such as an English public limited company (PLC), a Delaware limited liability partnership (LLP), a French société anonyme (S.A.), a German gesellschaft mit beschränkter hafting (GmbH), the City of New York, etc.
Definitions
According to the CyBOK (version 1),
- Legal person. An entity vested with sufficient characteristics of personhood to merit a legal identity separate from its constituent members. These characteristics include: the right to commence or respond to legal action in the entity's name; the right to own assets in the entity's name; and the right to enter into obligations in the entity's name. Legal persons generally include: states; international governmental organisations; public or private entities incorporated pursuant to the law of a state and vested by that state with the characteristics of personhood, such as an English public limited company (PLC), a Delaware limited liability partnership (LLP), a French société anonyme (S.A.), a German gesellschaft mit beschränkter hafting (GmbH), the City of New York, etc.