Amalgamation
2 definitions found for this term.
Definitions are presented in the order source books were published (most recent first).
Source:
A statutory procedure by which two or more corporations are combined into one. The rights and liabilities of the amalgamating corporations continue as rights and obligations of the amalgamated corporation.
Source:
Blending or fusion of the whole or part of two or more municipalities to become one. Although special legislation is sometimes enacted for large amalgamations, the process of adjustment to borders is not infrequent, and a standard statutory framework is usually in place to deal with applications.