To have legal personality means to be capable of having legal rights and duties within a certain legal system, such as to enter into contracts, sue, and be sued. Legal personality is a prerequisite to legal capacity, the ability of any legal person to amend rights and obligations. Legal persons are of two kinds: natural persons – people – and judicial persons – groups of people, such as corporations, which are treated by law as if they were persons. While people acquire legal personhood when they are born, judicial persons do so when they are incorporated in accordance with law.
Definition #2 for "legal personality"
Legal personality is the ability to enjoy rights and be bound by obligations