Corporations have existed for centuries, but the modern "liberal" general incorporation statutes were first passed in:

Name: Corporations have existed for centuries, but the modern "liberal" general incorporation statutes were first passed in:
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The first modern general incorporation statute was passed in New York in 1811, with other states following suit in the late 1800s. These statutes made it easier for businesses to incorporate and limited the liability of shareholders.

Corporations Have Existed for Centuries, but the Modern "Liberal" General