Tag: Corporate Finance
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How to Become a Shareholder of a Corporation as an Incorporator
An incorporator is an individual or entity that, whether acting alone or with others, initiates the formation of a corporation by signing and filing articles of incorporation. The incorporators are also responsible for designating the corporation’s first directors and initial registered office address. On the other hand, shareholders are individuals or entities who own shares…
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Business Corporation’s Borrowing Bylaw
This article briefly discusses what a corporation’s borrowing bylaw is, when it is required, its content and alternatives. What is a borrowing bylaw? It is an important document of a corporation, which outlines how the corporation borrows money. Power to Borrow Money A corporation has the capacity and powers of a natural person, including entering…