How is a corporation created?

A corporation is created by filing with the Secretary of State in the jurisdiction where the corporation intends to do business. This process typically involves submitting articles of incorporation or a certificate of incorporation, which outline essential details about the corporation, such as its name, purpose, registered agent, and the number of shares of stock it is authorized to issue.

When the Secretary of State reviews and approves these documents, the corporation is legally formed and recognized as a distinct entity separate from its owners. This grants the corporation certain legal rights and responsibilities, such as the ability to enter contracts, sue and be sued, and own property.

The other methods mentioned do not result in the legal formation of a corporation. For example, filing with a bank does not provide the legal structure or recognition that a corporation requires. Submitting an online application may refer to various processes but does not specifically address the legal creation of a corporation. A partnership agreement, on the other hand, relates to forming a partnership, which is a different type of business entity altogether.