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.
Wisconsin Action by Sole Incorporated of Corporation refers to a legal process that allows a single individual, known as the sole incorporated, to take necessary actions on behalf of a corporation during its formation. This method involves various steps and filings that are essential for establishing a corporation under Wisconsin state law. The sole incorporated holds the authority to initiate and execute the incorporation process in Wisconsin. The process typically begins with the sole incorporated drafting and filing the Articles of Incorporation with the Wisconsin Department of Financial Institutions (DFI). This document includes vital information about the corporation such as its name, purpose, registered agent, and the total number of authorized shares. Upon successful submission of the Articles of Incorporation, the sole incorporated is also responsible for appointing the initial directors of the corporation. The incorporated may complete this step by either including the directors' names in the Articles of Incorporation or by drafting written consent resolutions. Furthermore, the sole incorporated may need to hold an organizational meeting and pass various resolutions to establish the corporation's bylaws, issue shares of stock, and appoint the officers for the newly formed entity. These actions are crucial to set the foundation of the corporation and ensure it complies with Wisconsin's legal requirements. Different types of Wisconsin Action by Sole Incorporated of Corporation may include: 1. Articles of Incorporation Filing: The initial step carried out by the sole incorporated is filing the Articles of Incorporation with the DFI. This filing formally establishes the corporation and provides the necessary information to define its structure and purpose. 2. Appointment of Directors: The sole incorporated holds the authority to appoint the initial directors of the corporation. These individuals will serve as the governing body of the corporation and play a vital role in decision-making processes. 3. Bylaws Establishment: The sole incorporated is responsible for drafting and adopting the corporation's bylaws during the organizational meeting. This internal document sets out the rules and guidelines that govern the corporation's operations, including shareholder rights, officer roles, and voting procedures. 4. Stock Issuance: As part of the incorporation process, the sole incorporated may issue shares of stock to raise capital for the corporation. This action involves determining the number and class of shares, establishing their par value, and recording these details in the corporation's stock ledger. 5. Officer Appointments: The sole incorporated may appoint and authorize officers such as a president, secretary, and treasurer. These individuals will oversee the day-to-day operations of the corporation and carry out the necessary administrative tasks. In summary, Wisconsin Action by Sole Incorporated of Corporation encompasses the legal steps taken by a single individual to establish a corporation in Wisconsin. It involves filing the Articles of Incorporation, appointing directors, establishing bylaws, issuing shares of stock, and appointing officers. These actions contribute to forming a legally recognized entity capable of conducting business in accordance with Wisconsin state laws.
