articles of incorporation

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Articles of incorporation

Legal document establishing a corporation and its structure and purpose.

Articles of Incorporation

A document outlining the basic functions of a company. Among other things, it states whether it will be an S Corporation or a C Corporation and how many authorized shares there will be. It also states how its corporate governance and operations will work. A company that seeks to incorporate must file articles of incorporation with the appropriate authority. In the United States, that authority is usually the states and sometimes the federal government. It is also called a corporate charter or simply a charter. See also: Charter Amendment Limitations.

articles of incorporation

The document that a firm files with state authorities when establishing a corporation. This document contains the firm's name and address, the type and amount of stock to be authorized and issued, the type of business activity, a delineation of corporate powers, and other information. Also called charter, corporate charter.
References in periodicals archive ?
WASHINGTON, June 8, 2011 /PRNewswire/ -- In the wake of a new independent report on the Upper Big Branch mine disaster in West Virginia that killed 29 coal miners on April 5, 2010, two public interest organizations have asked Delaware Attorney General Beau Biden to investigate Massey Energy Company and initiate an action to revoke its corporate charter.
This international question can be explored through the historical lens of our domestic competition for corporate charters.
In California, the very same statutory words that authorize revocation of corporate charters also authorize revocation of governmental power unlawfully usurped, and those words have been used for the latter purpose scores of times over the years.
Abbett proceeded to rewrite New Jersey's corporate charter laws to make them a little like a Liberian flag of convenience.
In the days before general incorporation laws, corporate charters were a special privilege.
Corporate charter flights account for about 70% of EAG s total charter business in the area, the key trade routes around the Middle East and GCC stay active, alongside the European cities such as London and Geneva and the key business centres in Africa and the CIS countries.
Similarly, as late as 1903, almost half the states limited the duration of corporate charters to 20 to 50 years.
The publication currently makes available numerous governance databases--from corporate charters and "material definitive agreements" to executive certifications and internal control report "scorecards"--that are provided by Raisch Financial.
Top in-house lawyers at universities, foundations, health care organizations, and other charitable organizations are acting like Fortune 500 general counsel, and, with attorney board members, are taking the lead in rewriting corporate charters, redrafting conflict-of-interest policies, and, in some instances, performing costly examinations of their internal controls.
In Colorado and New York, businesses can forfeit their corporate charters if found in violation.
Larry Tobin, Vice President, Charter Services stated "With the launch of our real-time guaranteed charter prices we are putting corporate charters on the same level as booking first class on commercial flights.

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