Corporate charter
Term · Law · MLC-T-LAW-001316
A legal document issued by a state government that formally establishes a corporation and outlines its fundamental characteristics. This document, often called the articles of incorporation, specifies the corporation's name, purpose, authorized shares of stock, and initial directors. It serves as the foundational legal instrument governing the corporation's existence and powers.
| Identifier | MLC-T-LAW-001316 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001316",
"term": "Corporate charter",
"field": "Law",
"definition": "A legal document issued by a state government that formally establishes a corporation and outlines its fundamental characteristics. This document, often called the articles of incorporation, specifies the corporation's name, purpose, authorized shares of stock, and initial directors. It serves as the foundational legal instrument governing the corporation's existence and powers.",
"url": "https://mlchart.com/terminology/law/corporate-charter/"
}
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