Illinois Acceptance of Office-Corporation is a document that is filed with the Secretary of State's office in order to legally recognize the acceptance of an individual into the role of a director, officer, or manager of an Illinois corporation. This document must be filed within 30 days of the acceptance of the role. There are two types of Illinois Acceptance of Office-Corporation documents: the Appointment of Officer form, and the Appointment of Director form. The Appointment of Officer form is used when an individual is being appointed to the position of an officer in an Illinois corporation, and the Appointment of Director form is used when an individual is being appointed to the position of a director in an Illinois corporation. Both forms require the signature of the individual being appointed and must be accompanied by the filing fee.
Illinois acceptance Of Office-Corporation
Description
How to fill out Illinois Acceptance Of Office-Corporation?
Managing legal documentation demands focus, precision, and utilizing properly prepared templates.
US Legal Forms has been assisting individuals nationwide in achieving just that for 25 years, so when you select your Illinois acceptance Of Office-Corporation template from our repository, you can be assured it adheres to federal and state statutes.
- Ensure to carefully review the document's content and its alignment with general and legal standards by previewing it or examining its description.
- Search for an alternative formal form if the one initially accessed does not fit your situation or state laws (the tab for this is located in the top page corner).
- Log in to your account and store the Illinois acceptance Of Office-Corporation in your desired format. If it’s your initial experience with our service, click Buy now to continue.
- Create an account, choose your subscription plan, and make a payment via your credit card or PayPal account.
- Select the format in which you wish to receive your document and click Download. Print the form or incorporate it into a professional PDF editor to prepare it without paper.
Form popularity
FAQ
9.20. Reduction of paid-in capital. bankruptcy that specifically directs the reduction to be effected. (b) Notwithstanding anything to the contrary contained in this Act, at no time shall the paid-in capital be reduced to an amount less than the aggregate par value of all issued shares having a par value.
Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians
A professional corporation may be incorporated by one or more persons licensed pursuant to the respective profession or an Illinois attorney by filing the Articles of Incorporation (Form BCA 2.10) with the Department of Business Services and by following the procedures for incorporation of businesses described in this
Illinois requires PCs to include the words ?Professional Corporation? or ?P.C.? in their names. ?Chartered,? ?Limited,? ?Ltd.,? and ?Prof. Corp.? are also suitable designations.
A professional corporation or PC is one variation of a corporation. Licensed professionals who want to incorporate their practice can form a PC. However, the shareholders, directors, and officers must belong to the same profession.
Corporate Designator: The name must contain, separate and apart from any other word or abbreviation, the word ?CORPORATION,? ?INCORPORATED,'' ?COMPANY,'' ?LIMITED'' or an abbreviation of one of these words.
To start a corporation in Illinois, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Department of Business Services. You can file this document online or by mail. The articles cost a minimum of $175 to file.
A professional corporation is organized under the laws of the state in which it is formed. Unlike a regular corporation, a PC for lawyers requires that each director, shareholder and officer be licensed to practice law.