Publication Date
Fall 1980
Journal
Buffalo Law Review
Abstract
The article argues that the law of associations must be understood as a distribution of sovereignty to private individuals and entities, challenging the traditional view that sovereignty is solely the domain of the state. It contends that fiduciary relations, such as agency and partnership, represent a fundamental distribution of sovereignty, as they impose obligations of loyalty and prudent action on individuals acting on behalf of others. The analysis emphasizes that sovereignty is not inherently centralized but can be decentralized through legal structures that empower private associations. By examining fiduciary relations and business entities like partnerships and joint stock companies, the article advocates for a framework that integrates social responsibility into the exercise of private sovereignty.
Volume
29
Issue
4
First Page
599
Last Page
666
Publisher
State University of New York at Buffalo School of Law
Disciplines
Common Law | Housing Law | Jurisprudence | Law
Recommended Citation
Arthur J. Jacobson,
The Private Use of Public Authority: Sovereignty and Associations in the Common Law,
29
Buff. L. Rev.
599
(1980).
https://larc.cardozo.yu.edu/faculty-articles/1581
Included in
Common Law Commons, Housing Law Commons, Jurisprudence Commons