Definition of "unincorporate"

unincorporate

verb
third-person singular simple present unincorporates, present participle unincorporating, simple past and past participle unincorporated
1. To undo or remove the incorporation of.
  Quotations
  And if you are already incorporated, you may want to investigate the possibility of unincorporating, or at least electing subchapter S tax status for your business operations.
  1987, Paul N. Strassels, The 1986 Tax Reform Act: Making It Work for You
  Unincorporating doesn't trigger a pension break in this situation: A doctor liquidated his corporation and terminated its pension coverage, taking lump-sum payout. But he continued practicing as a sole proprietor at the same address ...
  1992, The Kiplinger Tax Letter
2. To not incorporate.
  Quotations
  There are consistent semantic differences between incorporating and unincorporating structures, [...]
  1996, Maura Velázquez-Castillo, The Grammar of Possession, page 104
adjective
comparative more unincorporate, superlative most unincorporate
1. (chiefly law, sometimes postpositive) Not incorporated.