What term is used for corporators in a stock corporation?

In the context of a stock corporation, the term "shareholders" refers to the individuals or entities that own shares of stock in the corporation. Shareholders hold ownership interests, and their rights typically include voting on important company matters, receiving dividends, and claiming a share of the company’s assets in the event of liquidation.

This classification is distinct from the other terms. Members can be associated with non-stock corporations where ownership is represented differently, often implying a contribution to the organization rather than ownership of shares. Organizers are the individuals who initially set up a corporation but do not necessarily hold shares or membership. Directors are elected by shareholders to manage the corporation’s affairs, but they are not synonymous with the corporators themselves.

Given this context, the term "shareholders" accurately captures the nature of the relationship individuals have with a stock corporation, which revolves around equity ownership.