De Facto Corporation in United States

Practical Information

Note: Some of this information was last updated in 1982

An organization started in good faith by people who attempted to organize a corporation (in U.S. law) under a valid statute and have failed in some minor particular, but have thereafter exercised corporate powers. Failure to have incorporators’ signatures on applications for certificate (in U.S. law) of Incorporation notarized is an illustration of noncompliance with statutory requirements. The decided weight of authority is that a de facto corporation can do everything that a properly organized corporation can do. See also de jure corporation (in U.S. law).

(Revised by Ann De Vries)

What is De Facto Corporation?

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