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How to slide guide in the Articles of Incorporation

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[Music] so youve just started your business and your next question is what are articles of incorporation my name is andrew ayers im a business law and estate planning attorney and today were going to talk a little bit about articles of incorporation now when youve decided to start your business one of the first things youre going to need to do is file your initial documents with your state the articles of incorporation are normally one of those documents they can have different names in different states but normally its a basic document that you file with the state to give the state notice that youre starting a company now in addition to filing for the state youre going to want to make sure to contact the irs and get an ein number which has become a much easier process these days you can just get it from irs.gov yourself back in the day we used to have to go through accountants and go through your attorney to get these things done but theyve made it much easier so back to the

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What must be included in a corporations articles of incorporation?

Typically, the articles must contain, at the very least: the corporations name and business address. the number of authorized shares and the par value (if any) of the shares. the name and address of the in-state registered agent. the names and addresses of its incorporators.

What is the difference between articles and bylaws?

Articles of incorporation are the primary law of an association used to establish the general organization and governing of the association to achieve corporate existence. Bylaws are the secondary law of an association best used to detail how the society is formed and run.

What are bylaws and examples?

Bylaws generally define things like the groups official name, purpose, requirements for membership, officers titles and responsibilities, how offices are to be assigned, how meetings should be conducted, and how often meetings will be held.

What are bylaws also known as?

This single document, while properly referred to as the by-laws, is often referred to as a constitution or a constitution and by-laws. Unless otherwise provided by law, the organization does not formally exist until by-laws have been adopted.

What are the elements within the articles of incorporation?

Name of corporation. Name and address of the registered agent. Type of corporate structure (e.g., profit corporation, nonprofit corporation, non-stock corporation, professional corporation, etc.) Names and addresses of the initial board of directors.

Why are bylaws so important?

The purpose of corporate bylaws is to establish an internal decision-making structure and clarify the relationships between key stakeholders in a company. These parties include: Shareholders who own the corporation. Directors responsible for the overall direction of the company.

How do I write articles of incorporation?

How do I create Articles of Incorporation? Step 1: State where the corporation is incorporating. Step 2: Provide details about the person filing the Articles of Incorporation. Step 3: State the corporations name, purpose and duration. Step 4: Include details about the registered agent and office.

What is the difference between a nonprofit constitution and bylaws?

The constitution covers the fundamental principles but does not prescribe specific procedures for operating your organization. Bylaws set forth in detail the procedures your group must follow to conduct business in an orderly manner.

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Slide guide in the Articles of Incorporation