What is a de jure corporation?

A de jure corporation is one that is established and recognized by law as a valid legal entity, having fulfilled all necessary legal requirements for incorporation. This includes adhering to the statutes that govern business formation, such as filing the appropriate documents with the state, paying necessary fees, and complying with other regulatory obligations. Such a corporation enjoys the full suite of legal protections and responsibilities that come with corporate status, allowing it to operate, enter into contracts, own property, and limit liability for its shareholders.

The other concepts do not accurately describe a de jure corporation. A corporation created without legal authority would be recognized as unauthorized, while a corporation that doesn't meet incorporation requirements would fail to achieve the legal status necessary to be considered a de jure entity. Lastly, a corporation that exists through public consent might imply a different legal standing, often relating to concepts like de facto corporations or informal business arrangements, none of which provide the same legal protections and recognition as a de jure corporation.