incorporation

Formation of corporations

(a) The business and affairs of every corporation organized under this chapter shall be managed by or under the direction of a board of directors, except as may be otherwise provided in this chapter or in its certificate of incorporation. If any such provision is made in the certificate of incorporation, the powers and duties conferred or imposed upon the board of directors by this chapter shall be exercised or performed to such extent and by such person or persons as shall be provided in the certificate of incorporation.

Delaware Corporate Law § 141

A state may not exclude a foreign (that is, from another state) corporation engaged in interstate commerce. [Paul v Virginia].

See generally promoters.