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Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Acquisition
Through either purchase of shares or purchase of assets, a corporation is purchased by another.
Administrative Dissolution
An administrative dissolution refers to when the state dissolves a corporation due to failure to submit the required documents such as annual report and failure to make payment for the required fees
Agent For Service Of Process
An authorized individual who can receives legal papers on behalf of a corporation.
Amendment Of Articles Of Incorporation
Whether there are one or more changes made in a corporation's articles of incorporation, it should undergo this process.
Annual Meeting Of Directors
Officers of a corporation meet every year to discuss about corporate matters.
Annual Meeting Of Shareholders
Shareholders meet every year to elect the corporation's directors and discuss corporate matters.
Annual Meeting Of Shareholders
A corporation is intended to conduct a yearly meeting to elect and vote directors as well as discuss relative corporate matter
Annual Report
Annual report means a formal financial statement issued yearly
Apportionment
Distribution of earned income generated from corporate activities in a state or assets present in a particular state to determine the due tax in that state..
Articles Of Incorporation
The important papers that contains the corporation's name, shares, shareholders, corporate purpose and agent for services of process. This document also serves as the birth certificate of a corporation.
Articles Of Incorporation
An article of incorporation is a legal document that contains the basic information needed in the creation of the corporation as prescribed by the law
Articles Of Organization
An article of organization is a document that established a limited liability company according to the corporation laws of the state
Asset
An asset is anything that a corporation possesses which as a monetary value
Authorized Capital
A Corporation's total number of authorized shares multiplied by the share's par value.
Authorized Shares
The number of corporation's stock shares that the corporation is allowed to issue.
Authorized Shares
This share refers to the number of shares that a corporation is permitted to issue, which is stated in the articles of incorporation
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