disincorporate

dis·in·cor·po·rate

 (dĭs′ĭn-kôr′pə-rāt′)
tr. & intr.v. dis·in·cor·po·rat·ed, dis·in·cor·po·rat·ing, dis·in·cor·po·rates
To remove or become removed from the status of a corporation: After the city was disincorporated, it was reabsorbed into the township. The county legislators allowed the small city to disincorporate.

dis′in·cor′po·ra′tion n.

disincorporate

(ˌdɪsɪnˈkɔːpəˌreɪt)
vb (tr)
obsolete to remove from a corporation or society
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References in periodicals archive ?
If we have to, we'll try to disincorporate the city," he said.
3) A municipality can dissolve in order to disincorporate permanently
Professor Schulhofer also notes that "no member of the Court, Justices Sealia and Thomas included, shows any inclination" to disincorporate the privilege.
At the March meeting, as Terrell continued to press for disclosure, the council voted 4-1 to disincorporate the town and to seek information on what steps the town needed to take to do so.
amp; Criminology 699 (1988) (arguing that the Supreme Court should disincorporate the entire self-incrimination privilege).
Indignity followed calamity last September when a Sacramento County grand jury recommended that Isleton disincorporate itself and let the county govern it because the city could not manage its affairs.
Peirce was not a resident of the valley, but her late husband, Cliston Peirce, was the sixth generation of his family to live in Atkinson Hollow, a village of Prescott, which in 1928 became the first of the valley towns to disincorporate.
What's more they can't disincorporate as easily as they incorporated.
The new regime may encourage small companies to disincorporate, although this is costly and the decision has been made harder with the likelihood of subsequent changes to the tax system now looming.
The memorandum does not disincorporate PWRDF or integrate General Synod's relationships work into PWRDF.
New ways forward need to be found to disincorporate the subject from the false promises of incorporated capital, and to make it responsive to the liberties of civil society and the duties of social commitment that these imply.
If many small businesses opt to disincorporate, the tax generated for the Revenue could be significant.