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Articles of incorporation are also referred to as the "corporate charter," "articles of association," or "certificate of incorporation."
Although each state's articles of incorporation form is different, the information will typically include: The name and principal office address of the corporation. The purpose of the corporation. Most states allow you to state a broad, general business purpose for your corporation?you do not need to be specific.
The articles of incorporation are the constitution document of the corporation, the adoption of which marks the creation of the new corporation. Just like the Constitution, it is the fundamental governing law regarding the company.
Corporate bylaws are legally required in Oregon. Stat. § 60.061, corporate bylaws shall be adopted by the incorporators or the corporation's board of directors. Bylaws are usually adopted by your corporation's directors at their first board meeting.
The Articles of Incorporation are like the constitution of the corporation that provides a broad framework for its establishment, whereas the bylaws can be likened to the individual laws that must be consistent with the Articles of Incorporation.
Articles of Incorporation example Information about authorized shares. The legal name of the company. The company's official address. The business purpose. A Tax ID number. The names and contact information of official agents of the company. The date of incorporation.
The articles should include: The corporation's name, location, and purpose. The number of shares the corporation is authorized to issue. The registered agent's name and registered office's address. Each incorporator's name and address. The names of each initial director. The corporation's purpose and primary activities.
The constitution of an organization contains the fundamental principles which govern its operation. The bylaws establish the specific rules of guidance by which the group is to function. All but the most informal groups should have their basic structure and methods of operation in writing.