Article 44.
The following are juridical person: 1) The state and its political subdivisions; 2) Other corporations, institutions and entities for public interest or purpose, created by law; their personality begins as soon as they have been constituted according to law; 3) Corporations, partnerships and associations for private interest or purpose to which the law grants a juridical personality, separate and distinct from that of each shareholder, partner or member. A juridical person is an abstract being, formed for the realization of collective purposes, to which the law has granted capacity for rights and obligations. The law classifies juridical persons into three: 1) The state and its political subdivisions; 2) Entities for public interest and purposes; 3) Entities for private interest and purposes. Corporation as an entity. A corporation is an artificial being created by operatio...