Title 1General ProvisionsRelease 119-73not60

§5 “company” or “association” as Including Successors and Assigns

Title 1 › Chapter 1— RULES OF CONSTRUCTION › § 5

Last updated Apr 3, 2026|Official source

Summary

When a law uses "company" or "association" for a corporation, it also covers that corporation's successors and assigns — meaning future owners or people who are legally given its rights — as if those words were written in the law.

Full Legal Text

Title 1, §5

General Provisions — Source: USLM XML via OLRC

The word “company” or “association”, when used in reference to a corporation, shall be deemed to embrace the words “successors and assigns of such company or association”, in like manner as if these last-named words, or words of similar import, were expressed.

Reference

Citations & Metadata

Citation

1 U.S.C. § 5

Title 1General Provisions

Last Updated

Apr 3, 2026

Release point: 119-73not60