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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.


References in periodicals archive ?
Brick-and-mortar charter and cyber charter schools, and for-profit companies that manage many of them, are not held to the same ethical and transparency standards of traditional public schools.
At the direction of the governor, the Department of Education is developing new regulations for charter schools.
In addition to developing regulations, the Department of Education is creating a fee-for-service model to recover the departments costs for implementing the charter school law.
There are good charter schools in Pennsylvania, but we must do more to hold underperforming charter schools especially cyber charter schools accountable to students, parents and taxpayers, said Governor Wolf. []; 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.