The Collaborative International Dictionary
Disincorporating
Disincorporate \Dis`in*cor"po*rate\, v. t. [imp. & p. p. Disincorporated; p. pr. & vb. n. Disincorporating.]
To deprive of corporate powers, rights, or privileges; to divest of the condition of a corporate body.
To detach or separate from a corporation.
--Bacon.
Wiktionary
disincorporating
vb. (present participle of disincorporate English)