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 ?
Despite all the money that TiE members invest (by some estimates, it's been over $100 million since TiE was founded), Seshan Rammohan, executive director of TiE's Silicon Valley chapter, insists that for TiE charter members, the organization is about more than wealth creation.
LANECO to celebrate 50 years by honoring charter members

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