Act Relative to Incorporations for Manufacturing Purposes of 1811
The Act relative to incorporations for manufacturing purposes passed by the 34th New York State Legislature on March 22, 1811, was the first law in the US giving a general authorization for formation of corporations. Whereas previously all corporations had to be formed by legislative charter, the 1811 act created a procedure for incorporation of manufacturing firms capitalized at $100,000 or less.
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Act Relative to Incorporations for Manufacturing Purposes of 1811
The Act relative to incorporations for manufacturing purposes passed by the 34th New York State Legislature on March 22, 1811, was the first law in the US giving a general authorization for formation of corporations. Whereas previously all corporations had to be formed by legislative charter, the 1811 act created a procedure for incorporation of manufacturing firms capitalized at $100,000 or less.
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The Act relative to incorporat ...... pitalized at $100,000 or less.
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The Act relative to incorporat ...... pitalized at $100,000 or less.
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Act Relative to Incorporations for Manufacturing Purposes of 1811
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