Articles of Incorporation 10

Articles of Incorporation are legal documents that establish a corporation as a distinct entity under state law. They provide fundamental details about the corporation and are filed with a state government to officially create the corporation. Here’s an overview of what they typically include:

1. Corporate Name: The official name of the corporation, which must be unique and distinguishable from existing entities in the state.
2. Duration: The length of time the corporation intends to exist, which can be perpetual or for a specific period.
3. Purpose: A brief description of the corporation's business activities or objectives. Some states allow a general purpose statement, while others may require a more specific description.
4. Registered Agent: The name and address of the person or business entity authorized to receive legal documents on behalf of the corporation.
5. Incorporators: Names and addresses of the individuals who are forming the corporation. These are typically the people who sign and submit the Articles of Incorporation.
6. Board of Directors: Names and addresses of the initial board of directors or a statement indicating that the board will be elected later.
7. Stock Information: If the corporation is a stock corporation, it will include details about the stock structure, such as the number of shares, classes of stock, and par value.
8. Corporate Structure: Information about the corporation's governance, which might include details about the bylaws, powers, and duties of the directors and officers.
9. Additional Provisions: Any other provisions required by state law or deemed necessary by the incorporators, such as indemnification clauses or limitations on director liability.
10. Signatures: The signatures of the incorporators or the people responsible for forming the corporation.