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 ?
Many companies will have valued goodwill when they incorporated, and will indeed need to be careful if they wish to disincorporate.
``It is very easy to incorporate but it is much more difficult to disincorporate.''
Instead, we see Ashcroft signing the papers to disincorporate the city of Times Beach, victim of a notorious dioxin scare; urging tourists to avoid his state lest they interfere with an ongoing FBI manhunt for neo-Nazis; petulantly refusing for a time to return a commemorative silver dinner set to its rightful owner, the U.S.S.
Through her physicality, then, Imogen will always trouble the masculine political order that worked to disincorporate her.
In other words, what if the Court were to disincorporate some of the rotting planks (perhaps overly rigid planks is the better metaphor) of the federal floor?
In addition, if the Administration's proposal is enacted, even greater pressure would be added to the trend to "disincorporate" U.S.
But there is one great benefit that a failure to disincorporate denies: the flexibility to tailor criminal procedure to state needs and local conditions.
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.
The stated goal is to disincorporate at least half the land held in the RMN.
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.
(130) If, however, the applicable corporation statute does not provide for conversion, firms that seek to disincorporate into LLCs may have to distribute corporate assets to owners or directly to an LLC.
In addition, should the Administration's ill-conceived proposal be enacted, even greater pressure will be added to the trend to "disincorporate" U.S.