In terms of the steps in the incorporation process,which of the following occurs after the charter is issued?
A)A statutory agent is appointed.
B)The organizational meeting is held.
C)Filing fees are paid.
D)Promoters do preliminary work.

Question

Quizplus · Accepted Answer

The organizational meeting is held after the charter is issued. This is when the initial board of directors is elected, bylaws are adopted, and other important organizational tasks are completed. The appointment of a statutory agent, payment of filing fees, and preliminary work by promoters typically occur before the charter is issued.

In Terms of the Steps in the Incorporation Process,which of the Following