Tack frame in the Articles of Incorporation

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How to Tack frame in the Articles of Incorporation

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[Music] Articles of Incorporation what are Articles of Incorporation they sound so official and they are Articles of Incorporation are the first filing you make with the state they are a matter of public record which means anyone can read them so you want them to be brief you will include the name of the company the names of the directors and the number of shares you want to authorize thats pretty much all who you want to include since it is a public document the rest of the information you keep private and include in the bylaws for a corporation or the operating agreement for an LLC we help you with the articles and all the other important documents you need when forming a corporation or LLC visit us at corporate direct comm or call eight hundred 676 T [Music] [Music]

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What is an attribute of a close corporation?

The easiest definition of a close corporation is one that is held by a limited number of shareholders and is not publicly traded. The company is run by the shareholders and is generally exempt from many requirements of other corporations, including having a board of directors and holding annual meetings.

What are the attributes that the corporation is an artificial being?

Corporation Defined. A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes, and properties expressly authorized by law or incidental to its existence.

What are the attributes of a corporation?

The five main characteristics of a corporation are limited liability, shareholder ownership, double taxation, continuing lifespan and, in most cases, professional management.

What are included in the 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 articles of incorporation primary purpose?

Articles of incorporation, sometimes called a certification of formation or a charter, are a set of documents filed with a government body to legally document a corporations creation. These legal documents contain general information about the corporation, including the business name and business location.

What are two characteristics of corporations?

The corporation is an entity with separate legal existence from its owners. The corporation carries own business, owns property, possesses rights and incurs liabilities.

How do you draw up 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 are some of the attributes of a corporation?

The principal attributes of a corporation are: it is a legal entity separate from its shareholders, it owes its existence to the State; which also has the role to regulates its behavior, it provides limited liability to its shareholders, who are not liable for its debts or acts of the company, characterized by the

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