first step in incorporation is to:
A) have the board of directors designate a president.
B) agree to a set of bylaws.
C) issue the first shares of stock.
D) obtain a charter from the state.

Question

Quizplus · Accepted Answer

The first step in the process of incorporation is to obtain a charter, also known as articles of incorporation, from the state. This legal document officially recognizes the establishment of the corporation under state law.

First Step in Incorporation Is To