What laws govern the formation of a company?

In Washington, the laws that govern the formation of a company are mainly found within the Washington State Business Corporation Act. The act outlines the requirements for forming a corporation including the filings that need to be made with the Washington Secretary of State, the duties of officers and directors, and other legal procedures that need to be followed. To form a corporation, the entity must file a Certificate of Formation with the Washington Secretary of State. The Certificate of Formation must include the name of the entity, the location of the registered office, and the purpose of the corporation. The Certificate of Formation must also list the names and addresses of the initial directors of the company. Once the Certificate of Formation is filed, the corporation must then adopt bylaws that will govern its internal affairs such as the election of officers and directors, the conduct of meetings, maintenance of records, and other topics. The bylaws must be approved by the board of directors before they take effect. The corporation must also appoint a registered agent who agrees to accept service of process on behalf of the corporation. This agent will be responsible for receiving documents related to lawsuits or official notifications on behalf of the corporation. Finally, the company must pay the applicable filing fees and obtain the necessary licenses and permits to operate in the state of Washington. Overall, the laws governing the formation of a company in Washington can be found in the Washington State Business Corporation Act, which outlines the requirements for filing a Certificate of Formation, adopting bylaws, appointing a registered agent, and obtaining necessary licenses and permits.

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What laws govern the formation of a company?

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