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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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.


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)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
References in periodicals archive ?
To measure the strength of association between ER-[beta] gene promoter (rs3020449, rs3020450, rs1271572) and exon polymorphisms (rs4986938 G/A+1730 and rs1256049 G/A1820) with uterine leiomyomas, odds ratios (OR) and their 95% confidence intervals (CI) were calculated.
For example, we have previously shown that methylation change at a single CpG site within the ADAMTS4 gene promoter also associates with PT (El Khoury et al., 2018).
Investigation of Interleukin 1 Alpha Gene Promoter Polymorphism in hemodialysis patients with arteriovenous fistula thrombosis.
It is noted that the 5 -end of the gene-specific reverse primer was designed immediately upstream of the porcine PBD3 mRNA reference sequence (GenBank accession number NM_214444), and the entire PBD3 gene promoter fragment is located at chr15: 38,063,074-38,064,194 of the UCSC Genome Browser assembly ID susScr11.
Kuo, "Hypermethylation of the CDKN2a gene promoter is a frequent epigenetic change in periocular sebaceous carcinoma and is associated with younger patient age," Human Pathology, vol.
Usually, the methylation status in the gene promoter will affect the gene expression at the mRNA level; for example, the hypermethylated status in the gene promoter will inhibit the gene expression.
Ali et al., "Matrix metalloproteinase-1 gene promoter polymorphism and risk of ovarian cancer," Journal of the Society for Gynecologic Investigation, vol.
In this work, we present for the first time the isolation and characterization of HSPA6 gene promoter region from the Arabian camel.
As shown in Figures 2 and 4, the mean (sd) methylation levels of the CHN2 gene promoter in the case group were significantly higher than in the control group, which were 2795.55 (733.19) and 1026.73 (698.73), respectively, showing significant differences between the two groups (t=21.25, p<0.001).
The current study was planned to assess the associations of genotype and allele frequencies by detecting AVPR1A gene promoter SNPs-6951 locus in type I HRS patients, in order to identify molecular markers of HRS early detection.
(a, c) MSP analysis of the methylation status of BARF1 and BHRF1 gene promoters before 5-Aza-CdR treatment in EBV-positive cell lines: PT, GT38, C666-1, Raji, GT39, SNU719, B95-8, and OB.
Wang et al., "The interactions between alcohol consumption and DNA methylation of the ADD1 gene promoter modulate essential hypertension susceptibility in a population-based, case-control study," Hypertension Research, vol.