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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 ?
These three areas are: (a) having a multi-systemic focus (b) being proactive in seeking Latino parent involvement, and (c) incorporating cultural and language factors in the process and content of consultation.
The interviews also indicate a greater willingness of general health care providers to consider incorporating medical abortion in their practices than stories in the popular press have suggested.
In the cube diagram below, the new controls are depicted by a vertical slab incorporating a small part of operations controls and financial reporting controls.
Dedicated to the environmental cause of advancing sustainability standards, Floor Fantasy supports high values of the green design development by implementing significant environmental challenges of incorporating use of environmentally friendly materials to maximize LEED achievements for our clients, and meet sustainability goals and principles of the green design.
The DX30 significantly improves backup and restore times and the confidence in completing a successful backup within the backup window by incorporating Redundant Array of Independent Disks (RAID) protected disks into the backup data path.
The SiI 861 also offers a higher level of functional integration by incorporating a Low-Voltage Differential Signaling (LVDS) transmitter, which is compatible with all single-channel LVDS panels.
By incorporating elements of manufacturing engineering, tooling design, ergonomic studies, user surveys, comparative product analysis, and field research, the discipline of ID seeks to incorporate the multiple objectives inherent in any manufactured product to ensure that the product can be manufactured efficiently, can be attractive, and can appeal to customers from both a marketing and a functional standpoint.
The camp must then define its goals, develop a model for incorporating them, and create a method of providing feedback to campers.
However, Ehrlich reports that observations of vaporized iridium atoms incorporating themselves into iridium planes reveal "a much more diverse" picture.
Therefore, it is essential to melt and mix all solid materials prior to incorporating SFR-100 resin at a later stage.