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Simple English definitions for legal terms
incorporator
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A quick definition of incorporator:
Definition: An incorporator is a person who helps a business become official by filling out and submitting the necessary paperwork to the state. They have the power to sign and execute important documents, like the Articles of Incorporation, which make the business a legal entity.
A more thorough explanation:
Incorporator
An incorporator is a person who files the Articles of Incorporation on behalf of a business. This process incorporates the business with the relevant state. The incorporator is responsible for all the paperwork required for incorporating a business. They have the authority to sign and execute the Articles of Incorporation and other documents.
John wants to start a new business. He hires a lawyer to help him with the process of incorporating his business. The lawyer acts as the incorporator and files the necessary paperwork with the state to incorporate John's business.
Sarah is starting a new business with her friends. They decide that one of them will act as the incorporator and take care of all the paperwork required to incorporate their business.
Both examples illustrate the role of an incorporator in the process of incorporating a business. The incorporator is responsible for filing the necessary paperwork and executing the Articles of Incorporation. This is an important step in establishing a business as a separate legal entity from its owners.