A charter application must be signed by the prospective stockholders that are referred to as incorporaters or promoters.
Charter simply means a legal document that is used for turning q business into a legal entity. It should be noted that a charter is written with the purpose of creating a corporation.
A charter application usually must be signed by the prospective stockholders called incorporaters or promoters then, it is filed with the appropriate state official.
Read related link on:
https://brainly.com/question/25640552