Corporation sole


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See the Note under Corporation.

See also: Sole

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He was a Founding Director of Aviation Australia Pty Ltd, the Corporation Sole for the Australian Agriculture College Corporation and more recently was a Director, Agri-Food Skills Australia.
Singh contends that the Minister's creation by the Minister of Finance (Incorporation) Act and the fact that it is organized as a corporation sole do not distinguish this case.
Specifically, we argue the Queen of Canada's status as a corporation sole undermines the federal government's interpretation of the law and constitutionality of royal succession in Canada.
A corporation sole is described as an "[u]nusual type of corporation consisting of only one person whose successor becomes the corporation on his death or resignation; limited in the main today to bishops and heads of dioceses" (Black's Law Dictionary (West 1979)).
Federal tax liens partially released Hope Springs, Summer Hill Freedom Trust, BC Trust, corporation sole as the nominee, alter ego and transferee of Maire E.
But most prefer the corporation sole model whereby the ordinary holds legal title to all assets in the diocese.
A corporation sole is a one-person corporation, usually with power vested in a religious leader, which provides for a corporation to be administered without a board of directors, ownership shares, or other diffusion of control.
The court, after reviewing the legislative history involved, concluded that claims for exemplary damages based on elder abuse were not subject the requirements in question However, the court noted that the law specifically provides: "No claim for punitive or exemplary damages against a religious corporation or religious corporation sole {sic} shall be included in a complaint or other pleading unless the court enters an order allowing an amended pleading that includes a claim for punitive or exemplary damages to be filed.
Nevertheless, the Court held that even if the Archdiocese chose to organize its property assets by forming a corporation, "civil courts did not have to rely on canon law to determine rights in property held by the corporation sole.
However, the nebulous definition of a church has led to abuses which earned the corporation sole a place on the 2005 IRS Dirty Dozen tax scam list.
The European Commission cleared a deal on December 2 giving Japanese car manufacturer Toyota Motor Corporation sole control of Toyota France S.

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