This article describes the action by incorporator document and how you can access it on Savvi.
Signatures Required:
The Action by Incorporator is signed by the incorporator. It is typically executed and effective immediately following the filing of the corporation's Certificate of Incorporation with the applicable Secretary of State.
Purpose:
The Action by Incorporator transfers company authority from the incorporator to the company directors. This is an important step in a company's formation, because when the incorporator initially files and creates the corporation, they become the sole agent of the corporation—receiving the sole authority as well. An Action by Incorporator allows the incorporator to relinquish their total authority and delineate the directors that will act as the company's new governing body.
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