About this document
Corporations: Formation and Liability by Lauren Kracht is a document available to read on EtoBox.
This document discusses the formation and organization of corporations. It notes that: 1) A corporation is formed when articles of incorporation are properly filed with the secretary of state. This creates a separate legal entity owned by shareholders and managed by a board of directors. 2) Once formed, a corporation is governed by the law of its state of incorporation and shareholders generally have limited liability. If defects existed in the formation, doctrines like de facto corporation may still tre
- Author
- Lauren Kracht
- Language
- EN