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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
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Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ? []; How Are Charters Funded?, TEX.
authorizers to favor granting charters to schools that will serve
They decide which schools receive charters, enforce the
terms of those charters, and evaluate whether the school can retain the
When Ohio closed some charters for poor ( performance , the local charter school board wanted to reuse the leftover books and computers.
While critics charge that(  charter schools are siphoning  money away from public schools, a more fundamental issue frequently flies under the radar: the questionable business practices that allow people who own and run charter schools to make large profits.
Charter school supporters are ( reluctant to acknowledge , much less ( stop, these practices.
Given that charter schools are ( growing rapidly  6 from 1 million students in 2006 to more than ( 3.1 million students attending approximately 7,000 charter schools now 6 shining a light on these practices can't come too soon.