Alaska Proposed amendment to the restated certificate of incorporation to authorize preferred stock
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How to fill out Proposed Amendment To The Restated Certificate Of Incorporation To Authorize Preferred Stock?
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FAQ
A corporation is an organization?usually a group of people or a company?authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes.
Hence, limited period of existence and centralized management are not typical characteristics of a corporation.
N. an organization formed with state governmental approval to act as an artificial person to carry on business (or other activities), which can sue or be sued, and (unless it is non-profit) can issue shares of stock to raise funds with which to start a business or increase its capital.
Definition: a corporation is a legal entity that is established to perform a specific business. There are both public and private corporations. In a private corporation there are only a few closely held stockholders that may run the company.
Corporation defined. - A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence.
It can also sue and be sued and held liable under both civil and criminal law. As well, because the corporation is legally considered the "person", individual shareholders are not legally responsible for the corporation's debts and damages beyond their investment in the corporation.
A corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals. They can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes.
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of shares, and the process of electing a board of directors.