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Promoter |
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A person who devises a plan for a business venture; one who takes the preliminary steps necessary for the formation of a corporation. Promoters are the people, who, for themselves or on behalf of others, organize a corporation. They issue a prospectus, obtain stock subscriptions, and secure a charter. Promoters stand in a fiduciary relationship to the proposed company and must act in Good Faith in all their dealings for the proposed corporation. promoter n. a person who puts together a business, particularly a corporation, including the financing. Usually the promoter is the principal shareholder or one of the management team and has a contract with the incorporators or makes a claim for shares of stock for his/her efforts in organization. Most states limit the amount of "promotional stock" since it is supported only by effort and not by assets or cash. (See: promotional stock) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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? References in periodicals archive |
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These processes include DNA damage in promotor regions of genes with reduced expression and a reduction in base-excision DNA repair associated with oxidative stress and impaired mitochondrial function. Because the amino acid sequence of the heat-shock protein and the amino acid sequence of the promotor region are highly conservative (153, we propose that the intrauterine device might have induced the expression of hsp60, which became the source of antigenic stimulation for an autopathologic immune response. In 2001, abortion promotor IPAS advised potential clients that its manual vacuum aspirators (for village abortions) were listed in the UNICEF warehouse catalogue. |
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