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Secretary of State

Glossary Term

The Secretary of State is generally a state’s chief elections officer, chief corporations officer, and supervisor of state archives.

Certificate of Incorporation

Glossary Term

The Certificate of Incorporation is a legal document that establishes a corporation as a legal entity and contains basic rules for governance of the corporation.

If a corporation’s board of directors decides that the business needs to be wound down, there are a number of legal paths to consider. Determining the best approach is fact-dependent, and the corporation and its board should get legal advice before making a decision.