It's not meaningless - but it is good to observe that there's a bit of a tragedy of the commons when it comes to state-wise incorporation requirements. The wea

It's not meaningless - but it is good to observe that there's a bit of a tragedy of the commons when it comes to state-wise incorporation requirements. The weakest link effectively dictates for the rest of the nation. Delaware has incredibly low incorporation fees, taxes and disclosure requirements - and thus every other state just has to shrug and take it due to federal control of limitations on interstate commerce.