What term refers to the creation of a corporation through official acts and records?

The term that refers to the creation of a corporation through official acts and records is incorporation. This process involves filing the necessary documents, such as the articles of incorporation, with the appropriate state authority. Incorporation establishes the corporation as a legal entity separate from its owners, allowing it to conduct business, enter contracts, own property, and be liable for its debts independently.

During incorporation, several vital steps are taken, including choosing a corporate name, drafting the bylaws, appointing directors, and filing with the state. This formal recognition and registration provide the corporation with distinct legal rights and protections under the law, ensuring that the business can operate within the framework of state and federal regulations.

The other terms do not pertain to the creation of a corporation. Dissolution refers to the process of legally dissolving a corporation, ceasing its operations and obligations. Operation involves the ongoing management and activities of an existing corporation. Liquidation is the process of winding up a company’s affairs, selling off assets, and paying off creditors following dissolution. Each of these processes relates to different stages or aspects of a corporation’s lifecycle, but incorporation specifically denotes the establishment phase.