Errors that Are Contained in the Certificate of Incorporation of SASHA FIERCE

Subject: Law
Pages: 2
Words: 284
Reading time:
2 min
Study level: College
Table of Contents

Rules

NY CLS Bus-Corp §403 (a) requires that on signing the certificate of incorporation which will be delivered to the department state, the incorporators should not only provide their names but also their address.

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NY CLS Bus-Corp §403 (a) (7) also requires that the certificate of incorporation shall set forth a designation of the secretary of state as the agent of the corporation upon whom process against it may be served and the post office address within or without this state to which the secretary of state shall mail a copy of any process against it served upon him (Schneeman, 2012).

According to NY CLS Bus-Corp §304 (a), the secretary of state shall be the agent of every domestic corporation and every authorized foreign corporation upon whom process against the corporation may be served (Schneeman, 2012).

On the same note, NY CLS Bus-Corp §304 (b) states that no domestic or foreign corporation may be formed or authorized to do business in this state under this chapter unless in its certificate of incorporation or application for authority it designates the secretary of state as such agent (Schneeman, 2012).

Analysis

The certificate of incorporation of SASHA FIERCE has outlined that the governor of the state is the designated agent of the corporation which is against the law. On the same note, although all the incorporators have signed, their addresses have not been provided as required by section 403 (a).

Conclusion

For the certificate of incorporation to be filled, the clause stating that the governor is the agent of SASHA FIERCE should be eliminated and be replaced with another that recognizes that the secretary of state will be their agent. Also, the incorporators should provide their addresses.

Reference

Schneeman, A. (2012). The Law of Corporations and Other Business Organizations, 6th ed. Stanford: Cengage Learning.

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