LSDefine

Simple English definitions for legal terms

incorporation

Read a random definition: de jure government

A quick definition of incorporation:

Definition: Incorporation is when a group of people want to start a business and make it official by filling out some paperwork. They have to send this paperwork to a special office called the Secretary of State. Once the paperwork is approved, the business becomes a legal entity and can start operating.

A more thorough explanation:

Definition: Incorporation is the legal process of creating a corporation. This means that a group of people, called shareholders, file an application and some paperwork with the government to create a new business entity.

For example, let's say that three friends want to start a business selling handmade soap. They decide to incorporate their business, which means they have to file some paperwork with the government. This paperwork includes something called the Articles of Incorporation, which is a legal document that outlines the basic details of the new corporation, such as its name, address, and purpose.

Once the government approves the application and the Articles of Incorporation, the new corporation is officially created. This means that the business is now a separate legal entity from its owners, and it can do things like sign contracts, own property, and sue or be sued in court.

incorporated | incorporation (of the Bill of Rights)

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

llama

22:18

is LUC loyola Chi??

llama

22:18

o wat

llama

22:46

Good night everyone. Remember to believe in yourself, you are goated with the sauce and it will all be ok. Fear is simply false expectations appearing real, and 95% of your expectations will fail to come to fruition. GN God be with ya

UnderRepresentedTryhard

0:54

i want my wl -> a rn

noreaster

8:07

when the tough get going, the going gets tough

FineGoodRaccoon

8:09

Toured my number #1 and it wasn’t what i thought it would be

starfishies

8:19

what was wrong with it

bigfatsloth

8:45

goodmorning americans

starfishies

8:55

gooood morning happy friday another day another 4 pm

noreaster

8:58

😛

bigfatsloth

8:58

something big is coming this four pee m i feel it

starfishies

9:23

llama if u are here is ur lsat score release date projected for 4/30? im trying to see if they adjusted mine for the retake or thats just the general one for all april test takers

noreaster

9:31

score release for everyone is 4/30

noreaster

9:31

you can also look this up, they always publicize score release dates

noreaster

9:32

but retakes are released the same time as all april testers, which is actually prob part of why they choose to take so long to release scores

noreaster

9:33

very excited for you guys!!

starfishies

9:36

omg ty

starfishies

9:36

slay i thought theyd make me wait until may

starfishies

9:38

i started looking through the r/lsat reddit and boy am i glad i never looked at it while preparing

starfishies

9:39

the rage bait is insane

noreaster

9:40

what are they up to

starfishies

9:42

is 175 a good score??? I only have a 3.9 gpa ... so stressed because my i dont think my score or gpa is good enough :(

starfishies

9:42

and talking about what supplements to take before the test

noreaster

9:42

lol. so just like the law school admissions one then

noreaster

9:43

someone on here told me to take something called gorilla mind before my lsat once

starfishies

9:44

girl wat is that

starfishies

9:44

theyre talking about vitamin d and ashwagandha

starfishies

9:45

UNC WL update basically telling me to manage my expectations lol

noreaster

9:48

when I have to take mega beast killer powerhouse gorilla destroyer vanquisher annihilator of worlds mind to click the good one on a bunch of multiple choice questions

starfishies

9:48

lsat-maxxing 101

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