What Are Corporations Articles? A Comprehensive Legal Overview

Definition & Meaning

The Articles of Incorporation are essential documents filed with a state government to officially create a corporation. These articles typically include the corporation's name, address, general purpose, the number and type of shares to be issued, and any special characteristics, such as whether the corporation is non-profit. Each state has its own requirements for the approval of these articles, including restrictions on names that may be similar to existing corporations and specific guidelines for non-profit organizations.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A group of entrepreneurs wants to start a tech company. They file Articles of Incorporation that include their company name, location, and the number of shares they plan to issue.

Example 2: A non-profit organization aiming to provide community services submits Articles of Incorporation that specify their charitable purpose and the types of activities they will engage in. (hypothetical example)

State-by-state differences

State Key Differences
California Requires additional disclosures for non-profits.
New York Has specific requirements for the contents of the articles.
Texas Allows for a streamlined filing process for certain corporations.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition Key Differences
Bylaws Rules governing the internal management of a corporation. Bylaws are not filed with the state and are more about internal operations.
Certificate of Incorporation Another term for Articles of Incorporation in some states. Essentially the same document but may vary in name depending on the state.

What to do if this term applies to you

If you are planning to incorporate a business, start by gathering the necessary information for your Articles of Incorporation. You can use templates from US Legal Forms to simplify this process. If your situation is complex or if you have specific questions, consider seeking help from a legal professional.

Quick facts

  • Typical filing fees range from $50 to $500, depending on the state.
  • Jurisdiction: State-specific requirements apply.
  • Approval times can vary from a few days to several weeks.

Key takeaways

Frequently asked questions

They are legal documents filed with the state to create a corporation.