Fundatio

Definition of Fundatio

Lat. A founding or foundation. Particularly applied to the creation and endowment of corporations. As applied to eleemosynary corporations such as colleges and hospitals, it is said that " fundatio incipiens" is the incorporation or grant of corporate powers, while "fundatio perficiens” is the endowment or grant or gift of funds or revenues. Dartmouth College v. Woodward, 17 U.S. (4 Wheat.) 518, 4 L.Ed. 629. See also Foundation.

That's the definition of Fundatio in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.

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