• FishFace@piefed.social
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    4 days ago

    lmao how is that effective? “oh no, we’d better write the charter out again boo hoo”

      • FishFace@piefed.social
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        4 days ago

        Yeah I did google it and you know, none of the sources said that the practice was abandoned because “it was effective” 🤔

        They do talk about how the law around incorporation was changed, making it ineffective. Because the company officers could just recreate the company.

        Which is what I said… but sure, be snarky about it if you like!

        • resipsaloquitur@lemmy.cafe
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          4 days ago

          So, they changed the laws and made it ineffective, implying it was effective before?

          Or you’re saying the incorporation laws were always ineffective against the corporate death penalty, then they changed them to make it… extra ineffective?

          • FishFace@piefed.social
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            4 days ago

            Yes, revoking corporate charters was effective back when corporations couldn’t just reincorporate. No, that wasn’t “the problem” as you said.

            Hopefully we’re all on the same page now.