A Corporate Charter, also known as the Articles of Incorporation, is a foundational legal document required for the formation of a corporation. It establishes the existence of the corporation in the eyes of the law.
A comprehensive guide to understanding Articles of Incorporation, the document that creates a private corporation according to the general corporation laws of the state.
A Corporate Charter, also known as the Articles of Incorporation, is a foundational legal document required to form a corporation, outlining its existence and main business-related details.
Shares Authorized refers to the total number of shares a corporation is legally permitted to issue as detailed in its Articles of Incorporation. This figure typically exceeds the number of shares issued and outstanding.
A comprehensive overview of authorized stock, including its definition, examples, and a detailed comparison with issued stock.
