§ 9134 Incorporator Powers Before Directors
A group of friends starts a lemonade stand business but forgets to pick who will be in charge first.
The friend who filled out the paperwork to start the business can make the rules, like how to share the money, and pick who will be the leaders until everyone votes on the real bosses.
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§ 9134 Incorporator Powers Before Directors
Last verified: January 23, 2026