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you are here: > Corporations Code
> Article 60
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III. The Corporation |
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| 3.6 Formation of Corporation | ||
| Article 60-Instrument of Incorporation | ||
| 60.1 | Instrument of Incorporation | |
| All Corporations shall be formed by one type of instrument, either by Official Pronouncement of Original Law in the fundamental formation of the society, by Letters Patent as authorized by Executive Authority and by Deed and Title under authorized agency. | ||
| 60.2 | Incorporation by Pronouncement | |
| Incorporation by pronouncement is when a corporation is formed by sacred and royal pronuncement of original law. By this Code, only those entities named and given life by the Sacred and Soveiegn Ucadia Pronouncements and subsequent original law of these named Free Societies shall be permitted to be formed by Pronouncement. | ||
| All other corporations shall be subsidiaries and subordinate to these entities and can only be brought to life through authorized letters patent or authorized deed and title. | ||
| Only a Corporation brought to life by the Ucadia Pronouncements are immortal. All other corporations are mortal and must have a date of death and disbandment as part of their formation and incorporation. | ||
| 60.3 | Incorporation by Letters Patent | |
| Incorporation by Letters Patent is when a corporation is formed by the legal authority of a Free Society to issue letters patent under its charter or covenant. | ||
| All Corporations brought to life by Letters Patent are mortal. However, when a corporations is named as having existence by the Charter or Codes of Law of the Free Society and is not otherwise an entity named under original law, then the life of the corporation shall be permitted to be extended to a maximum of one hundred and twenty eight (128) years after which time a new letters patent must be issued and the entity re-incorporated. | ||
| Only entities granted life by Letters Patent may have their rules and articles incorporated by Charter. | ||
| 60.4 | Incorporation by Deed and Title | |
| Incorporation by Deed and Title is when a corporation is formed by the issue of a deed and title by the legal authority of a corporation given such power by the Charter of the Society. | ||
| All Corporations not named specifically by original law or by the Charter or Codes of Law can only be incorporated by Deed and Title. | ||
| All Corporations brought to life by Deed and Title are mortal and may not be granted a life greater than sixty four (64) years. | ||
| All entities granted life by Deed and Title shall have their rules and laws incorporated by Constitution. | ||
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