corporate residence
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 240 U.S. 642 - Fairbanks Steam Shovel Company v. Wills, Trustee in Bankruptcy of Federal Contracting Company · 1916Most cited · 373 citing opinions
A corporation cannot change its residence or its citizenship. It can have its legal home only at the place where it is located by or under the authority of its charter; but it may by its agents transact business anywhere, unless prohibited by its charter or excluded by local laws.