state charter
Frequency: 6.67.0 per million words
A charter granted by a state government, e.g., for a bank or university.
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Examples (10)
- The credit union was established under a state charter in 1985.
- To operate as a bank, the institution first had to apply for a state charter.
- The university's state charter grants it the authority to award doctoral degrees.
- Legislators are debating whether to revoke the company's state charter due to violations.
- Our non-profit organization proudly received its state charter last year.
- The original state charter of the city outlines the basic structure of its government.
- A key difference is that a national bank has a federal charter, not a state charter.
- Before the new college can be officially recognized, its state charter must be approved.
- The legal team spent months drafting the proposed state charter for the new corporation.
- Any amendments to the state charter require a two-thirds vote in the assembly.