Define: Certificate Of Incorporation

Certificate Of Incorporation
Certificate Of Incorporation
Quick Summary of Certificate Of Incorporation

A Certificate of Incorporation is a legal document issued by a government authority, typically the state in which a business is incorporating, confirming the formation and existence of a corporation. It contains essential information about the corporation, including its name, registered office address, purpose, duration, and details of its initial directors and shareholders. The Certificate of Incorporation serves as evidence that the corporation has complied with the necessary legal requirements to be recognised as a separate legal entity. It grants the corporation certain rights, powers, and obligations, allowing it to conduct business, enter into contracts, own property, and be subject to legal liability. Additionally, the Certificate of Incorporation may specify the corporation’s structure, governance, and internal operating procedures, such as its bylaws. Once issued, the Certificate of Incorporation is typically filed with the appropriate government authority and may need to be renewed periodically to maintain the corporation’s legal status.

What is the dictionary definition of Certificate Of Incorporation?
Dictionary Definition of Certificate Of Incorporation

n. document which some states issue to prove a corporation’s existence upon the filing of articles of incorporation. In most states, the articles are sufficient proof.

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This glossary post was last updated: 28th March, 2024.

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