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Edmond Business & Commercial Lawyers & Law Firms
Finding a business & commercial lawyer in Edmond is as easy as 1,
2, 3! Choose a practice, select the firm of your choice from our
extensive database of Edmond Business & Commercial lawyers, and then contact
one for a consultation! 1, 2, 3!
A corporation is a legal entity created through the laws of its state of incorporation. State corporation laws require articles of incorporation to document the corporation's creation and to provide provisions regarding the management of internal affairs. States also have registration laws requiring corporations that incorporate in other states to request permission to do in-statebusiness. The law treats a corporation as a legal "person" that has standing to sue and be sued, distinct from its stockholders. The legal independence of a corporation prevents shareholders from being personally liable for corporate debts.
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