found: Work cat.: Channon, G. The economic, legal and taxation effects of disincorporation, 2001:p. 4 ('disincorporation' is not being used synonymously with liquidation. The subject is disincorporation of the trade by transfer of the trading assets to the shareholders but leaving the company intact - a kind of 'buyout' by limited distribution. The trade is then continued as a sole tradership or a partnership. There is no need to wind up the company - indeed the company may be retained, for example to protect the trading name. Transferring to an unincorporated form)
found: OED online, Feb. 22, 2005(Disincorporate. Hence disincorporation, the action of disincorporating, or depriving of the rights and priviledges of a corporation)
found: Web. 3(Disincorporate: to deprive of corporate powers, rights, or existence; to divest of the condition of a corporate body; also, to detach from a corporation or body. Disincorporation: the quality or state of being disincorporated)