Posted by Lyal on September 30, 2003 at 05:23:17:
The issue is touched on in this article.
Also check the archives, been discussed a lot.
In general, there is little reason to inc outside your home state as any entity you set up outside needs to be registered as a foreign entitiy doing business in your state. Many times that’s more expensive and you lose the anonymity anyway as officers etc need to be disclosed.