5
Law::
dissolution : 1. the act of bringing to an end; termination 2. the cancellation or abrogation of a contract, with the effect of annulling the contract’s binding force and restoring the parties to their original rights 3. the termination of a corporation’s legal existence by expiration of its charter, by legislative act, by bankruptcy, or by other means; the event immediately preceding the liquidation or winding-up process
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