What is the primary requirement for the formation of corporations in Georgia?

Study for the Georgia Bar Exam. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The primary requirement for the formation of corporations in Georgia is the filing of Articles of Incorporation. This foundational document must be submitted to the Georgia Secretary of State to officially establish the corporation as a legal entity. The Articles of Incorporation provide essential information about the corporation, including its name, purpose, the number of shares it is authorized to issue, and the initial registered agent's details. Completing and filing this document is a critical step in the formation process, as it not only creates the corporation under state law but also sets forth the basic structure of the company.

While creating a business plan, obtaining local business licenses, and hiring a registered agent are important aspects of starting and operating a corporation, they do not fulfill the legal requirement for establishing the corporation itself in Georgia. The formation hinges primarily on the proper filing of Articles of Incorporation, which is a distinct step in the process.

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