Corporate Charter Law and Legal Definition

A corporate charter is a document to be filed with the secretary of state when incorporating a business. It is also known as certificate of incorporation. The details of a charter will vary based on specific regulations and the size of a company. A charter should include a corporation's name, its purpose, the number of shares that are authorized to be issued and the names of parties involved in the formation. This is generally the first document in the life of a corporation. The corporate charter is equivalent to the principal place of business for filing purposes. [In re Carmichael Enterprises, Inc., 334 F. Supp. 94, 97 (N.D. Ga. 1971)]