Who is an incorporator in a non profit?
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Similarly, you may ask, who is the registered agent for a non profit?
Each nonprofit must have a registered agent…but what is a “registered agent” and what does that person do? In United States business law, a registered agent is a business or individual who is notified when an organization is a party in a legal action.
Additionally, who should be incorporator? The only consistent requirement is that the incorporator must be aged 18 or above. While any adult can technically serve as an incorporator, it is rarely wise to choose a friend or business associate for this job. Instead, many aspiring business owners prefer for entity formation companies to take on this role.
In this way, what does it mean to be an incorporator?
Related Articles An incorporator, also called a promoter, is the individual, corporation or association responsible for the process; the business will not be fully incorporated until the incorporator signs and files the articles of incorporation.
Can the incorporator also be the registered agent?
Yes, you can serve as both the Incorporator and the Registered Agent. A registered agent is someone who needs to be present at a company's business address to receive legal correspondence during standard business hours.