Investor
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 by (nor confusingly similar to) any corporation, prepare articles, determine who will be responsible for accepting service of process, decide on the stock structure, adopt a set of bylaws, 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.
