Section 403. Certificate of incorporation; effect  


Latest version.
  • Upon  the filing of the certificate of incorporation by the department
      of state, the corporate existence  shall  begin,  and  such  certificate
      shall  be  conclusive  evidence  that all conditions precedent have been
      fulfilled and that the corporation has been formed under  this  chapter,
      except   in   an   action   or   special   proceeding   brought  by  the
      attorney-general.    Notwithstanding  the  above,   a   certificate   of
      incorporation  may  set forth a date subsequent to filing, not to exceed
      ninety days after filing, upon  which  date  corporate  existence  shall
      begin.