1 U.S.C. § 5 : General Provisions — Rules Of Construction — “Company” Or “Association” As Including Successors And Assigns Date: 27 Apr 2016 TEXT PDF The word “company” or “association”, when used in reference to a corporation, shall be deemed to embrace the words “successors and assigns of such company or association”, in like manner as if these last-named words, or words of similar import, were expressed. (July 30, 1947, ch. 388, 61 Stat. 633.)