natural person


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Related to natural person: Legal person

natural person

n. a real human being, as distinguished from a corporation which is often treated at law as a fictitious person.

natural person

a human being, as opposed to an artificial or legal person like a company.
References in periodicals archive ?
In accordance with the Labor Code, which can be the special law that article 42 NCC refers to, the natural person acquires the capacity to work at the age of 16, so that the minor at this age may conclude an employment contract by himself without anyone's consent.
The Crown cannot be disembodied from a natural person, which means that its very existence as a corporation sole and central institution of government depends upon the chain of persons who succeed to the office; in other words, the Crown depends on the line of succession.
9) Also, legal fiction typically does not define the legal personality of a geopolitical entity or a natural person.
In order to understand the role that natural person powers play in the day-to-day government of an Alberta municipality, one must first know how such a municipality operates.
38) A $50,000 fee threshold applies if substantially all the tax benefits from the RT are provided to natural persons.
78u-2(b)(2) -- $60,000 for a natural person and $300,000 for any other person.
An illustrative, if imperfect, analogy to a merger is a marriage between two natural persons.
in the circumstances foreseen in letter (b) of article 9 of the Transparency Law, the natural person or legal entity that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;
To assess the solvency of data for the provision of services such as statements relating to the legal or natural person 700 pcs.
000 per month per natural person in each credit institutioneO(ii) Payments to other credit institutions for transactions that fall within the normal business activity of the customer upon presentation of justifying documents as follows: ()payments of up to e1/425.
The purpose for which natural person credit unions formed corporate credit unions has been fundamentally changed by the new regulation," Bonds said.
350, part 1 of the Civil code of the Republic of Lithuania, under the consumer contract of purchase-sale, the seller, who is the person engaged in trade, or his agent, obligates himself to sell a good--a movable thing--to the buyer-a natural person for his personal, family or household needs, not related to business or profession, while the buyer obligates himself to pay the price.