Art. X, § 4

Corporations; definition; right to sue and be sued

Structure Taxes, Money & Commerce Art. X · Corporations

Official text rightpowerlimitif conditionlegal term

The term corporations as used in this section and in sections 1, 2 and 3 of this article shall be construed to include all associations and joint-stock companies having any of the powers or privileges of corporations not possessed by individuals or partnerships. And all corporations shall have the right to sue and shall be subject to be sued in all courts in like cases as natural persons.

Simplified explanation

For sections 1 to 4 of this article, corporations include associations and joint-stock companies with corporate powers or privileges not possessed by individuals or partnerships. All corporations may sue and be sued in all courts like natural persons.