Incorporators

Incorporators in United States

Practical Information

Note: Some of this information was last updated in 1982

Those who unite for the purpose of forming a corporation (see in the Encyclopedia), members or stockholders of the corporation . They put up the capital for the corporation. In the 80s, only natural persons may incorporate, although they might represented a corporation or a partnership (see it). In that period of time, a large majority of the states required three or more incorporators. Many states also required that one or more of the incorporators be a resident of that state, or that the organization meeting of the corporation be held in that state. For these reasons, and for convenience, the incorporators were frequently dummies. They were not the principals who are actually interested in the organization of the corporation, but merely act for them until the organization meeting. See also certificate of Incorporation (in this Encyclopedia).

(Revised by Ann De Vries)

What is Incorporators?

For a meaning of it, read Incorporators in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Incorporators.


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