The RMBCA provides that corporate existence begins when the articles of incorporation are filed.

Question

Quizplus · Accepted Answer

The RMBCA (Revised Model Business Corporation Act) specifies that corporate existence starts when the company's articles of incorporation are filed with and accepted by the state's relevant authority. Therefore, the statement "The RMBCA provides that corporate existence begins when the articles of incorporation are filed" is a true statement.

The RMBCA Provides That Corporate Existence Begins When the Articles