charter


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Charter

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.

charter

References in periodicals archive ?
The Texas legislature is now crafting additions to the charter school law that would provide greater state involvement and oversight of its charter schools.
Third, even without added rules and regulations, it is hard to start a charter school.
The number of charter schools--tax-funded institutions that operate independently of public school bureaucracies--was growing rapidly, especially in California.
Charter Telephone gives customers a new and better choice for phone service, and when combined with other Charter services, the great value and convenience is undeniable" said Mr.
The main force fueling the growing popularity of charter schools is parental satisfaction, Young said: parents with children in charter schools talking to other parents and sharing their positive experiences.
In three short years, from the 1996-97 school year to that of 1999-2000, the final year of our analysis, the number of charter schools in operation in North Carolina rose from zero to 74.
This is a national study, which includes states that have just much more recently passed charter school laws and typically in those states, you get more of a concentration of charters in urban, underserved communities, so it takes a couple of years to get the students they're serving back on track,'' Larson said.
Charter schools (and choice programs) empower parents--not school boards--with the freedom to select the best school for their child.
Lost in the din of political static is a new wave of public expectation for doing more with less in public higher education that has rekindled the charter debate.
By volunteering and donating funds to create an innovative public charter school, we are actively supporting the public schools.
Steven Johnson of Luxury Yacht Group, which specializes in yachts longer than 100 feet, attributes the rise in charter to an increased supply of yachts and the aging, affluent population who demand luxury afloat.