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What is delectus personae?

Updated: 12/16/2022
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Lestine

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14y ago

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[Literally means in Latin, Choice of the person.] Pertains to the right of partners to exercise their choice and preference as to the admission of any new members to the http://www.answers.com/topic/partnership, and as to the persons to be so admitted, if any. The doctrine is equally applicable to close and family http://www.answers.com/topic/corporation and is exemplified in the use of restrictions for the transfer of shares of stock.

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