Glossary Terms

A | B | C | D | E | F | G | H | I | L | M | N | O | P | Q | R | S | T | U | V
Secretary of State

The State official and agency responsible for business formations.

Service of Process

Time-sensitive documents, such as lawsuits and subpoenas, served upon a registered agent on behalf of a client that typically requires a response by the client.

Share

A unit of ownership, or quity, interest in a Corporation.

Shareholder

One who has title to a share, and, therefore, ownership or equity in a Corporation.

Sole Proprietor

An individual who operates a business under his own name, or as a DBA. No limited liability protection.

Statement of Organizer

A document created by the organizer that passes the elements of control over the LLC to the initial members.

Status

An indicator of whether or not an entity is current with franchise taxes and other filings, as well as registered agent services.

 

Harvard Business Services, Inc.
16192 Coastal Hwy. Lewes, DE 19958
1-800-345-CORP /// 1-302-645-7400
info@delawareinc.com

Form an llc in Delaware, incorporate, create business in Delaware online or call 1-800-345-2677.

Disclaimer

Harvard Business Services, Inc. is a document filing service that provides general information. We can not render legal or financial advice and your use of this site is subject to additional terms and conditions. HBS is not affiliated with Harvard University.