— Also termed corporator.
“An ‘incorporator’ must be sharply distinguished from a ‘subscriber.’ The latter agrees to buy shares in the corporation; in other words, a subscriber is an investor and participant in the venture. An ‘incorporator’ on the other hand serves the largely ceremonial or ministerial functions described in this section. At one time many states required that an incorporator also be a subscriber of shares; however, such requirement appears to have disappeared in all states.” Robert W. Hamilton, The Law of Corporations in a Nutshell 34 (3d ed. 1991).
