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- May 3, 2012 at 8:44 pm #52473
Who is a corporator? please explain?
May 4, 2012 at 8:07 am #97072Hi
I got this by putting the word into google search. Why couldn’t you do the same?
CORPORATOR. One who is a member of a corporation.
2. In general, a corporator is entitled to enjoy all the benefits and rights which belong to any other member of the corporation as such. But in some corporations, where the rights are of a pecuniary nature, each corporator is entitles to those rights in proportion to his interest; he will therefore be entitled to vote only in proportion to the amount of his stock, and be entitled to dividends in the same proportion.
3. A corporator is not in general liable personally for any act of the corporation, unless he has been made so by the charter creating the corporation.A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
May 4, 2012 at 5:28 pm #97073Thank you.
May 6, 2012 at 11:39 am #97074welcome
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