This multistate form relates to Section 200 of the California Corporate Code that provides in part as follows:
(a) One or more natural persons, partnerships, associations or corporations, domestic or foreign, may form a corporation under this division by executing and filing articles of incorporation.
(b) If initial directors are named in the articles, each director named in the articles shall sign and acknowledge the articles; if initial directors are not named in the articles, the articles shall be signed by one or more persons described in subdivision (a) who thereupon are the incorporators of the corporation.
(c) The corporate existence begins upon the filing of the articles and continues perpetually, unless otherwise expressly provided by law or in the articles.
Action by Sole Incorporator of Corporation
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FAQ
An incorporator is responsible for setting up a corporation. This role is primarily executed before the business is formed, with the incorporator taking key steps to ensure that the corporation is eventually recognized legally.
Incorporators are those stockholders who originally form a corporation, and whose signatures appear in the Articles of Incorporation. Each incorporator must own at least 1 share of the capital stock.
At this time of formation, the sole incorporator is the only person with authority to act on behalf of the corporation, so this consent provides the directors with the authority they need to take corporate action.
Typically, incorporators are the actual owners of the business. In such a situation, although they begin as incorporators with very little rights, they become the owners of the corporation once its existence begins.
An incorporator is the person or company forming a new company. To simplify the registration process we at SwiftReg only cater for natural persons being incorporators.On completion of the company registration we issue the share certificates to the shareholders. The directors therefore = the incorporators.
Can You be the Incorporator and Registered Agent? Yes, you can serve as both the Incorporator and the Registered Agent. A registered agent is someone who needs to be present at a company's business address to receive legal correspondence during standard business hours.
An incorporator is a person or company that is responsible for incorporating a business; an incorporator is not necessarily the same as a corporation officer or director. Most states require you to provide the name and address of one or more incorporators.
An incorporator is the individual who organizes the incorporation and arranges for the Articles of Incorporation to be filed with the Secretary of State.Most frequently, the incorporator is the lawyer who is handling the formation of the corporation.
An incorporator is the individual or entity listed in the Articles of Incorporation as the entity that formed the corporation. There is no way to remove an incorporator.If you don't have a shareholder agreement, refer to your corporate bylaws to determine the method of transferring shares.
