The right to grant charters to incorporated firms is reserved to the federal government,according to the Constitution.

Name: The right to grant charters to incorporated firms is reserved to the federal government,according to the Constitution.
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The power to grant charters to corporations is not explicitly reserved to the federal government in the Constitution. This power is generally assumed to belong to state governments, unless specifically delegated to the federal government by Congress.

The Right to Grant Charters to Incorporated Firms Is Reserved