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An incorporator is responsible for signing and filing the articles of incorporation with the Secretary of State. Incorporators' names and addresses must be listed in the articles of incorporation.
Equity securities are financial assets that represent ownership of a corporation. The most prevalent type of equity security is common stock. And the characteristic that most defines an equity security?differentiating it from most other types of securities?is ownership.
Shareholders are owners of a corporation who elect the board of directors and vote on fundamental changes in the corporation. Corporation codes regulate the formation, operation, and dissolution of corporations.
In residual equity theory, residual equity is calculated by subtracting the claims of debtholders and preferred shareholders from a company's assets. Preferred shares are removed from equity and considered a liability.
Common shares represent residual ownership in a company and in the event of liquidation or dividend payments, common shares can only receive payments after preferred shareholders have been paid first.
There are two types of equity securities: common shares and preference shares.
Common shares represent residual ownership in a company and in the event of liquidation or dividend payments, common shares can only receive payments after preferred shareholders have been paid first.