Most incorporation statutes have adopted an intermediate position regarding the revocability of preincorporation subscriptions, making them irrevocable for a stated period without regard to whether they are supported by consideration.

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Most incorporation statutes indeed adopt an intermediate stance on the revocability of preincorporation subscriptions, typically making them irrevocable for a certain period (often around six months) regardless of whether consideration has been provided, to ensure stability and reliability in the capital formation process of the corporation.

Most Incorporation Statutes Have Adopted an Intermediate Position Regarding the Revocability