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To formally create a corporation pursuant to the requirements prescribed by state statute; to confer a corporate franchise upon certain individuals.

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


v. 1) to obtain an official charter or articles of incorporation from the state for an organization, which may be a profit-making business, a professional business such as a law office or medical office, or a non-profit entity which operates for charitable, social, religious, civic or other public service purposes. The process includes having one or more incorporators (most states require a minimum of three for profit-making companies), choose a name not currently used (nor confusingly similar) by any corporation, prepare articles, determine who will be responsible for accepting service of process, decide on the stock structure, adopt a set of by-laws, file the articles with the Secretary of State of the state of incorporation, and hold a first meeting of incorporators to launch the enterprise. Other steps follow such as electing a board of directors, selecting officers, issuing stock according to state laws and, if there is going to be a stock offering to the public, following the regulations of the Securities and Exchange Commission and/or the State Corporations Commissioner. If the corporation is non-profit, it will have to apply for non-profit status with the home state, and may, if desired, also apply to the Internal Revenue Service for federal non-profit recognition, both of which require detailed explanations of the intended operation of the organization. 2) to include into a unit. (See: corporation, stock, incorporation, incorporate by reference)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
References in periodicals archive ?
SLAs should only incorporate software metrics that are meaningful, quantitative, and measurable.
Meanwhile, according to Scott Midkiff, who conducts research for the school through its government-funded Center for Wireless Telecommunications, the low-cost technology teaches students ways to incorporate wireless into their everyday lives.
Both SDLT and LTO incorporate servo positioning systems to ensure accurate head position when using very high track densities.
These incorporate a unique pyramidal barrel with contoured side ridges that move the parts in two directions for maximum blast exposure and minimum cycle times.
Solution: A comprehensive nutrition assessment should incorporate a review of all MDS triggers or guidelines related to a resident's nutritional status.
Executives decided to incorporate the Balanced Scorecard into Fortis Excellence, the company's own business model for strategic planning.
The treatment's DCPD-forming compounds do not contain fluoride, Chow points out; they simply make the tooth enamel more reactive so that it will incorporate any fluoride more readily and securely.
The "Investment Securities and End-User Activities" section incorporates this June 15, 2004, revised Uniform Agreement (the uniform agreement) that was jointly issued by the federal banking and thrift institution agencies.
At New York University--in a city where security has become paramount--programmers working in conjunction with the NYU-Card office and Campus Services department are piloting a smart card program that incorporates a variety of digital certificate technologies to control access to certain areas of campus, including selected areas of the campus hospital and the medical school.
The H8/38086F MCU is based on a 16-bit H8/300H CPU core and incorporates a delta-sigma type 14-bit A/D converter.
The system incorporates a tension and web guiding system, all of which is controlled by a program via a color touch screen PLC access unit.
Bry-Air Inc., Sunbury, Ohio, has introduced its MD3-3 portable drying system, which incorporates a 300-cfm desiccant dryer.

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