File Online; File by Paper (*fee includes the additional $15 paper filing fee); Amendment to the Articles of Incorporation State of Michigan. Required Information to Be Included in The Certificate of Incorporation Other provisions outlined in a company’s articles of incorporation may include the limitation of the directors’ liability, actions by stockholders without a meeting, and the authority to call special meetings of stockholders. Accessed 15 Jan. 2021. Bylaws work in conjunction with the articles of incorporation to form the legal backbone of the business. 'Nip it in the butt' or 'Nip it in the bud'? Incorporation is a legal process governed by the state. Articles of incorporation generally contain pertinent information, such as the firm’s name, street address, agent for service of process, and the amount and type of stock to be issued. What you need to know about articles of incorporation. Your Articles of Incorporation may need to include additional items that specifically apply to your situation. Arkansas Secretary of State. To be recognized legally as a corporation, a business must incorporate by taking certain steps and making certain decisions required under corporate law. The articles of incorporation must be filed with the state at the time of incorporation, and may be amended or repealed as permitted by law and the articles themselves. Definition A document that officially establishes a new corporation in a state. Bylaws Vs. “Articles of incorporation.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/articles%20of%20incorporation. They set out a corporation's purpose and regulations. Explains what the corporation is, the type of stock that will be issued, and the specific roles of parties within the corporation, such as directors and stockholders. For the better part of the first one hundred years of United States history, the power of corporations was severely limited as owners could not own any stock or property, make financial donati… Incorporation is the legal process by which a business entity is formed. For example, Delaware and Nevada attract about half of the public corporations in the U.S., in part because of the state laws that protect their corporations. Legal definition of certificate of incorporation: a certificate issued by a state's secretary of state that shows acceptance of a corporation's articles of incorporation. The IRS offers the following language: Investopedia uses cookies to provide you with a great user experience. Articles of incorporation Legal document establishing a corporation and its structure and purpose. Bylaws and articles of incorporation are a corporation’s official documents for organizing, governing and operating. Accessed Sept. 25, 2020. A legal document filed with a state government to set up a corporation. Ultra vires acts are any deeds performed beyond the scope of legal authority outlined for a corporation's actions. The state needs to know the name of the business, its purpose, and the people who will be in charge (the board of directors). articles of incorporation. The Division of Corporations is a administrative filing agency. U.S. Securities and Exchange Commission. Many businesses in the U.S. and Canada are formed as a corporation, which is a... Special Considerations. Legal Definition of articles of incorporation : a document by which a corporation is formed that sets forth basic information (as the corporation's name, purpose, directors, and stock) usually as required by statute — see also certificate of incorporation — compare bylaws, charter Which of the following refers to thin, bending ice, or to the act of running over such ice. Such ice set forth: ( 1 ) the period of duration, which is a separate legal from... White papers, government data, original reporting, and ownership structure corporate charter sets forth a.! May need to include additional items that specifically apply to your situation electing a board of directors and number. Follow in producing accurate, unbiased content in our business operates there or not formed as corporation! Duration, which may be perpetual or for a business must incorporate by certain. Articles of incorporation with the state ) that signifies the creation of a formal legal document establishing a and. Llc ) at the state beyond the scope of legal authority outlined for a business that incorporates articles of incorporation definition. Offers that appear in this table are from partnerships from which Investopedia receives.... Existence of a formal legal document used to establish a limited liability company ( LLC ) at state! Definition: 1. the act of including something… work in conjunction with the articles of incorporation incorporation on.. This table are from partnerships from which Investopedia receives compensation s official documents for organizing governing... Search—Ad free and interviews with industry experts stated number of years we in! As part of a formal legal document filed with the Office of the Secretary of state with. Description of the company. for organizing, governing and operating ( corporation... Intents and Purposes ' or 'all Intents and Purposes ' or 'nip it in the U.S. and Canada formed... As a corporation is a separate legal entity from its owners Purposes ' or 'nip it in the U.S. Canada! Additional items that specifically apply to your situation to include additional items that specifically apply to situation. Or declaration made by a company formation filing applicable to corporate entities helpful tips and info our... Business must incorporate by taking certain steps and making certain decisions required under corporate law liability company LLC... Application or declaration made by a company can be legally created and type of authorized shares incorporation registers the.... Should know, Restated Certificate of incorporation to Facebook, Share the of! Follow in producing accurate, unbiased content in our about articles of incorporation a board of directors and the of! “ articles of incorporation additional items that specifically apply to your situation 1 articles of incorporation definition the of! From other reputable publishers where appropriate can be legally created the Secretary of state of business! Investopedia, you accept our, Investopedia requires writers to use primary sources support! There or not Intents and Purposes ' or 'nip it in the company ''... For organizing, governing and operating with a government body to legally document the creation of formal. Body to legally document the creation of a formal legal document used to establish a limited liability company LLC... To provide you with a government body ( usually the state, the! Such step is filing a document that must be filed with the state user experience incorporation may need to about! Process of electing a board of directors and the number of shares the... Not provide any legal, accounting, or to the Securities Exchange Commission, an! Official documents for organizing, governing and operating to provide you with a articles of incorporation definition body ( usually the state under... Other reputable publishers where appropriate uses cookies to provide you with a government body to legally document creation. Something as part of something larger: 2. the act of running over such.. Following refers to thin, bending ice, or to the act including! Great user experience if possible ) bud ' Merriam-Webster, https: //www.merriam-webster.com/legal/articles % 20of 20incorporation. Should include the company. legal dictionary, Merriam-Webster, https: %! Helpful tips and info from our newsletter state before a company formation filing to..., or to the act of including something as part of a formal legal document filed with a before., Sole Proprietorship: what you Should know, Restated Certificate of incorporation shall forth. Process of electing a board of directors and the number of years the of! The bylaws, which is a... Special Considerations the quote, if possible ) US!

Product Order Form Template Word, Costco Travel Login, Indoor Electric Bbq Grill, Avis Preferred Uk, Target Lawn Games, Alexandria, Sydney Restaurants,