disincorporate

from The Collaborative International Dictionary of English v.0.48

Disincorporate \Dis`in*cor"po*rate\, v. t. [imp. & p. p.
   {Disincorporated}; p. pr. & vb. n. {Disincorporating}.]
   1. To deprive of corporate powers, rights, or privileges; to
      divest of the condition of a corporate body.
      [1913 Webster]

   2. To detach or separate from a corporation. --Bacon.
      [1913 Webster]

from The Collaborative International Dictionary of English v.0.48

Disincorporate \Dis`in*cor"po*rate\, a.
   Separated from, or not included in, a corporation;
   disincorporated. --Bacon.
   [1913 Webster]