Legal Structure
/ˈliːgəl ˈstrʌktʃər/
Definitions
- (n.) The organized form or arrangement of a business, organization, or entity defining legal duties, liabilities, and rights.
The legal structure of a corporation limits the owners' personal liability.
- (n.) The framework of laws and regulations governing the formation and operation of entities or agreements.
Understanding the legal structure is essential for compliance with regulatory requirements.
Forms
- legal structures
Related terms
See also
Commentary
Use 'legal structure' to refer broadly to formal legal configurations; clarify context to specify entity type or regulatory framework when drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.