Definition of Incorporator

If you decide to incorporate your business, you'll be required to select an incorporator. The duties of an incorporator are necessary components to complete the incorporation process. Here are things you should know about an incorporator.

Significance

Your incorporator is in charge of setting up your corporation. Incorporators prepare and file your Articles of Incorporation with the Secretary of State.

Duties

Your incorporator is responsible for gathering information and funds used to pay for the incorporation process. Your incorporator has the responsibility of selecting your company's initial Board of Directors. Your incorporator should be legally old enough to enter into contractual agreements.

Function

The incorporator of your company has to verify that all information being submitted is true and correct and will sign your company's Articles of Incorporation.

Considerations

In most cases, an incorporator isn't a stockholder of the company. If you use an attorney to incorporate your business, more often than not she will serve as your incorporator. However, you don't have to be an attorney to be an incorporator.

Time Frame

You incorporator's job ends after the corporation is formed. Once the first meeting of the board of directors takes place, your incorporator is officially rendered powerless.

References

• E Minutes Magazine
• Quiz Law
• Active Filings