The Bureau of Corporations: Its Purpose and Functions

What did the Bureau of Corporations do?
The Bureau of Corporations, predecessor to the Federal Trade Commission, was created as an investigatory agency within the Department of Commerce and Labor in the United States. The main role of the Bureau was to study and report on industry, looking especially for monopolistic practices.
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The United States government established the Bureau of Corporations, commonly referred to as the Bureau of Competition, as a regulatory body in 1903. The bureau was established to look into and control company practices that were thought to be detrimental to consumers and competition. It was in charge of upholding antitrust regulations, looking into mergers and acquisitions, and fostering healthy competition in the market.

The Federal Trade Commission (FTC) took up the bureau’s duties after it was abolished in 1915. The FTC still oversees consumer protection and competition laws in the US today.

Articles of Incorporation and the PA Corporation

Articles of incorporation must be submitted to the Pennsylvania Department of State in order to establish a Pennsylvania corporation. A corporation is a separate legal entity from its shareholders, who are the company’s owners. The corporation has legal standing to hold property, sign contracts, and bring or receive legal action.

You can perform an online search at the Pennsylvania Department of State to find articles of incorporation there. All corporations registered in the state of Pennsylvania are listed in the website’s searchable database. You can perform a search using the corporation name, registered agent name, or filing date.

Date of a Company’s Incorporation

The day a company was officially created is known as its incorporation date. Usually, the company’s documents of incorporation include a note of this date. You may look for a company’s incorporation date by searching the state’s database of business registrations or by getting in touch with the business directly.

An PA Non-Profit’s Dissolution

You must submit a certificate of dissolution to the Pennsylvania Department of State in order to disband a non-profit organization in Pennsylvania. The non-profit’s name, incorporation date, and cause of dissolution must all be listed on the certificate. The non-profit must also disperse any residual assets to other non-profit organizations and submit a final tax return to the Pennsylvania Department of Revenue. The non-profit must submit a final report to the Pennsylvania Department of State following the dissolution.

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