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Pre-incorporation Agreement of Professional Corporation of Attorneys

Broward Florida Pre-incorporation Agreement of Professional Corporation of Attorneys

Name: Broward Florida Pre-incorporation Agreement of Professional Corporation of Attorneys
Brand: US Legal Forms
Rating: 4.86 (300 reviews)

Category:

Corporations - Pre-incorporation

State:

Multi-State

County:

Broward

Control #:

US-01944BG

Format:

Instant download

Description

A corporation may be organized for the business of conducting a profession. These are known as professional corporations. Doctors, attorneys, engineers, and CPAs are the types of profes¬sionals who may form a professional corporation. Usually there is a designation P.A. or P.C. after the corporate name in order to show that this is a professional association or professional corporation.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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According to the Indian Contract Act, 1872, pre-incorporation contracts are not valid as for the formation of any contract there should be two parties and in the case of a pre-incorporation contract, the company is not incorporated at the time of agreement.

incorporation contract is an agreement entered into by a person at the request of a corporation or corporation that did not exist at the time such an agreement was signed. These agreements are entered into because preliminary contracts and expenses are incurred before an organization takes shape.

A pre incorporation contract is one which is purportedly made by or on behalf of a corporation at a time when the corporation has not yet been incorporated.

Means an agreement entered into before the incorporation of a company by a person who purports to act in the name of, or on behalf of, the company, with the intention or understanding that the company will be incorporated, and will thereafter be bound by the agreement; Sample 1Sample 2Sample 3.

Pre-Incorporation Agreements (or Pre-Incorporation Contracts) establish the operations, management, and define who will have control prior to the initial corporate meeting. In addition to the pre-incorporation agreement, many business owners draft a shareholders agreement and a confidentiality agreement.

A promoter undertakes to bring about the incorporation of a business, procures for for it the rights and capital by which it is to carry out its purposes, and establishes it as able to do business.

Incorporation is the way that a business is formally organized and officially brought into existence. The process of incorporation involves writing up a document known as the articles of incorporation and enumerating the firm's shareholders.

Section 1 of the Act defines a PIC as a written agreement entered into before the incorporation of a company by a person who purports to act in the name of, or on behalf of, the proposed company, with the intention or understanding that the proposed company will be incorporated, and will thereafter be bound by the

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Broward Florida Pre-incorporation Agreement of Professional Corporation of Attorneys

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