What is ordinarily the first step in the formation of a corporation?

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Quizplus · Accepted Answer

The first step in forming a corporation is to apply for incorporation with the appropriate Secretary of State. This involves submitting articles of incorporation and paying a fee. Once approved, the state issues a certificate of incorporation, which allows the corporation to legally operate in that state. The development of by-laws and issuance of the corporate charter typically occur after the corporation has been formed. Registration with the SEC may be required for certain types of corporations, but it is not typically the first step in formation.

What Is Ordinarily the First Step in the Formation of a Corporation