- (1) Unless a delayed effective date is specified, the corporate existence begins when the articles of incorporation are filed.
- (2) The secretary of state's filing of the articles of incorporation is conclusive proof that the incorporators satisfied all conditions precedent to incorporation except in a proceeding by the state to cancel or revoke the incorporation or involuntarily dissolve the corporation.
History: En. Sec. 29, Ch. 271, L. 2019.