In: Economics
REQUIREMENT: What information is necessary to include in the Articles of Incorporation? ACCEPTABLE LENGTH Submit a paper that is 1 page. Be sure to review the requirements on the Rubric. FORMATTING REQUIREMENTS 12-Point Times New Roman Font Double Space Lines Cite Used Sources If Applicable.
Articles of incorporation are a set
of formal documents filed with a
government body to legally
document the creation of a
corporation. Articles of
incorporation generally contain
pertinent information, such as the
firm’s name, street address, agent
for service of process, and the
amount and type of stock to be
issued.
•Articles of incorporation are the
pertinent filing with a
government body (usually the
state) that signifies the creation of
a corporation.
• In the U.S., articles of
incorporation are filed with the
Office of the Secretary of State
where the business chooses to
incorporate.
• Broadly, articles of incorporation
should include the company's
name, type of corporate
structure, and number and type
of authorized shares.
• Bylaws work in conjunction with
the articles of incorporation to
form the legal backbone of the
business.
• To be recognised legally o
one has to take certain
Steps and decisions under corporate law.
One such step of filing a document is known
as Articles of Incorporation
Most state also require the article to state
the firm's purpose.
Each state has certain mandatory provisions
that must be contained in the article of
Incorporation and the other optional
contribution that the company decides to
include.