A more thorough explanation:

Definition: A quasi-municipal corporation, also known as a quasi-corporation, is an organization that has some characteristics of a municipal corporation, such as the ability to provide public services, but is not fully recognized as a government entity.

Examples: One example of a quasi-municipal corporation is a public utility company, such as a water or electric company. These companies provide essential services to the public, but are not fully controlled by the government. Another example is a transportation authority, which may be responsible for managing public transportation systems but is not a government agency.

Illustration: For example, a water company may be owned by private investors but is regulated by the government to ensure that it provides safe and reliable water to the public. While it is not a government agency, it has some characteristics of a municipal corporation in that it provides a public service and is subject to government oversight.