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Investor Presentaiton

Core attributes of corporations in early America: - It could contract, sue and be sued - It could acquire and dispose of property Historical Background - It has its own seal by which it could act as a body distinct from its members - Its shares are transferable - Its membership may change without affecting its perpetual existence - It cannot commit assault, treason, felony - It cannot serve as a trustee ■ The classical formulation = "artificial person" theory of corporation FEDERA INCIPIT VITA NOVA SET Prof. Mauricio B. Almeida - [email protected] - Federal University of Minas Gerais 8

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