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Form #1441INDIVIDUAL SUBSCRIPTION BEFORE CREATION OF CORPORATION
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INDIVIDUAL SUBSCRIPTION BEFORE CREATION OF CORPORATION
this form has not been reviewed by a lawyer
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Individual subscription
before creation of corporation.
It is proposed to organize under the _________
Business Corporation Act a corporation to be known as _________ or by any other
name as the incorporator may select.
The corporation shall initially be authorized to issue
_________ shares of common stock, having a par value of $_____ per share.
It is proposed that the corporation shall be organized
to engage in any lawful activity for which corporations may be organized under
the _________ Business Corporation Act.
Now, therefore, I, the undersigned, subscribe for the
number of shares of the proposed corporation at the price set opposite my name
at the end of this agreement.
This subscription shall be paid in cash at the time or
times the board of directors may determine.
The subscriber may act as incorporator of the
corporation and may execute and file articles of incorporation containing
provisions not inconsistent as may be deemed advisable. The subscription made
shall be deemed to be accepted by the corporation immediately upon the filing
and recording of the Certificate of Incorporation as provided by law.
The undersigned represents and warrants that the
execution of this preorganization subscription agreement, agreeing to purchase
the stock referred to is for his [her] own account, and will be for investment
and not with a view to distribution. The undersigned further agrees that each
certificate representing shares of the common stock of the corporation to be
originally issued pursuant to this preorganization subscription agreement shall
bear the following legend:
"These
securities have not been registered under the Securities Act of 1933. They may
not be sold or offered for sale in the absence of an effective registration
statement as to the securities under that act, or an opinion from counsel
satisfactory to the Company that registration is not required."
Name
|
Number of Shares
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Amount Subscribed
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...................................................................... Â
|
...................................................................... Â
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...................................................................... Â
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Submissions to this site, including any legal or business forms, posts, responses
to questions or other communications by contributors are not intended as and should
not be construed as legal advice. You are strongly encouraged to consult competent
legal council before engaging in any action based upon content contained on this
site.
These downloadable forms are only for personal use. Retransmission, redistribution,
or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
Please note that the donator may have included different usage terms regarding this
form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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Keywords: INDIVIDUAL SUBSCRIPTION, BEFORE CREATION OF CORPORATION
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