Which statement about incorporators and corporators is accurate?

Incorporators and corporators serve distinct roles within a corporation, and understanding their definitions and responsibilities is crucial for comprehending corporate structure.

Incorporators are individuals or entities that take the initial steps to create a corporation. They are responsible for filing the necessary documents, such as the articles of incorporation, with the appropriate regulatory authorities. Incorporators typically handle the legal formalities required to establish the corporation, and once the corporation is formed, their role typically concludes.

Corporators, on the other hand, refer to the individuals who hold shares in the corporation and have voting rights. They are the owners of the corporation once it is established and are involved in decision-making at shareholder meetings.

An accurate statement would delineate the specific actions and roles of incorporators and corporators clearly. If the statements in the question misrepresent these roles or do not align with the definitions established by the Revised Corporation Code, it would be logical to conclude that both statements are false. This indicates a misunderstanding or misrepresentation of the actual functions and characteristics of incorporators and corporators within the context of corporate law.