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Local building codes are based on model building codes that are established by:
Corporation
A legal entity that is separate and distinct from its owners, capable of owning assets, incurring liabilities, and conducting business.
Stockholders
Individuals or entities that own shares in a corporation, thereby having a claim to a part of its assets and earnings.
Legal Entity
An individual, company, or organization that has legal rights and obligations, including the capacity to enter legal contracts, sue, and be sued.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from use, and use by one person does not reduce availability to others.
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