This state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new professional corporation. The form contains basic information concerning the professional corporation, normally including the professional corporation's name, purpose and duration of the professional corporation, the registered address, registered agent, and related information.
The articles of incorporation for a professional corporation in Portland, Oregon are legal documents that establish and govern the formation of a specific type of business entity. Professional corporations are different from regular corporations because they are limited to specific professions like doctors, lawyers, accountants, architects, and engineers. These articles outline the essential details of the corporation and set the legal foundation for its operations and governance. Key Information in Portland Oregon Articles of Incorporation for Professional Corporation: 1. Name: The articles of incorporation will include the chosen name of the professional corporation. The name should comply with Oregon corporate naming rules and must include terms like "Professional Corporation" or "Prof Corp." 2. Purpose: Professional corporations are formed to provide professional services within one or more specific fields. The articles should clearly define the specific professional services the corporation will offer. 3. Professional Licenses: The articles typically require a statement that each shareholder, director, or officer of the corporation holds required professional licenses and certifications as mandated by relevant professional regulatory boards. 4. Registered Agent: A professional corporation in Portland, Oregon must appoint a registered agent who resides in the state and is available during normal business hours to receive legal documents on behalf of the corporation. 5. Shareholder Information: The articles will specify the number and class of shares authorized, as well as the rights and limitations associated with each class. It will also outline the qualifications and restrictions for shareholders, including professionals from the specified fields. 6. Director Information: The articles will outline the number of directors and the qualifications required for them. Directors may or may not have to be shareholders of the professional corporation. 7. Office and Mailing Address: The principal office address and the initial mailing address of the professional corporation should be provided. 8. Duration: The articles may include the duration of the professional corporation. In most cases, professional corporations are formed for an indefinite period. 9. Dissolution: The process and conditions for dissolution should be clearly outlined. This may include events such as bankruptcy, unanimous shareholder agreement, or expiration of the corporation's duration. Different Types of Portland Oregon Articles of Incorporation for Professional Corporation: While there may not be different types of articles of incorporation for professional corporations, the specifics within the articles can vary based on the profession being incorporated. For example, articles of incorporation for a medical professional corporation may have additional language related to the practice of medicine and compliance with medical board regulations. In conclusion, Portland Oregon Articles of Incorporation for Professional Corporation are essential legal documents that establish the formation and governance of professional corporations. These articles include vital information such as the corporation's name, purpose, shareholder and director details, office addresses, and provisions for dissolution. While the basic structure of the articles remains the same, the specifics may vary based on the particular profession being incorporated.The articles of incorporation for a professional corporation in Portland, Oregon are legal documents that establish and govern the formation of a specific type of business entity. Professional corporations are different from regular corporations because they are limited to specific professions like doctors, lawyers, accountants, architects, and engineers. These articles outline the essential details of the corporation and set the legal foundation for its operations and governance. Key Information in Portland Oregon Articles of Incorporation for Professional Corporation: 1. Name: The articles of incorporation will include the chosen name of the professional corporation. The name should comply with Oregon corporate naming rules and must include terms like "Professional Corporation" or "Prof Corp." 2. Purpose: Professional corporations are formed to provide professional services within one or more specific fields. The articles should clearly define the specific professional services the corporation will offer. 3. Professional Licenses: The articles typically require a statement that each shareholder, director, or officer of the corporation holds required professional licenses and certifications as mandated by relevant professional regulatory boards. 4. Registered Agent: A professional corporation in Portland, Oregon must appoint a registered agent who resides in the state and is available during normal business hours to receive legal documents on behalf of the corporation. 5. Shareholder Information: The articles will specify the number and class of shares authorized, as well as the rights and limitations associated with each class. It will also outline the qualifications and restrictions for shareholders, including professionals from the specified fields. 6. Director Information: The articles will outline the number of directors and the qualifications required for them. Directors may or may not have to be shareholders of the professional corporation. 7. Office and Mailing Address: The principal office address and the initial mailing address of the professional corporation should be provided. 8. Duration: The articles may include the duration of the professional corporation. In most cases, professional corporations are formed for an indefinite period. 9. Dissolution: The process and conditions for dissolution should be clearly outlined. This may include events such as bankruptcy, unanimous shareholder agreement, or expiration of the corporation's duration. Different Types of Portland Oregon Articles of Incorporation for Professional Corporation: While there may not be different types of articles of incorporation for professional corporations, the specifics within the articles can vary based on the profession being incorporated. For example, articles of incorporation for a medical professional corporation may have additional language related to the practice of medicine and compliance with medical board regulations. In conclusion, Portland Oregon Articles of Incorporation for Professional Corporation are essential legal documents that establish the formation and governance of professional corporations. These articles include vital information such as the corporation's name, purpose, shareholder and director details, office addresses, and provisions for dissolution. While the basic structure of the articles remains the same, the specifics may vary based on the particular profession being incorporated.