Charter Articles of Incorporation are essential documents required when establishing a new corporation in the United States. They must be filed with the appropriate state agency (typically the Secretary of State) and serve as the foundation for the corporation's existence. These articles establish the corporation's legal identity, define its basic structure, and outline key operational aspects such as stock authorization and management framework. The document is crucial for legal compliance, obtaining an EIN, opening bank accounts, and establishing the corporation's legitimacy for business operations.
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1. Article I - Corporate Name: Legal name of the corporation and any DBA names
2. Article II - Registered Office and Agent: Official address and registered agent information
3. Article III - Corporate Purpose: Statement of business purpose and permitted activities
4. Article IV - Capital Stock: Details of authorized shares and classes of stock
5. Article V - Board of Directors: Initial directors and board structure
1. Article VI - Preemptive Rights: Shareholders' rights to purchase new stock issues before shares are offered to non-shareholders
2. Article VII - Limitation of Director Liability: Provisions limiting personal liability of directors to the extent permitted by state law
3. Article VIII - Corporate Powers: Specific powers granted to the corporation beyond standard statutory powers
1. Schedule A - Initial Shareholders: List of initial shareholders and their shareholdings with details of share class and number
2. Schedule B - Initial Directors: List of initial board members with their contact information and positions
3. Appendix A - Stock Certificate Form: Template for stock certificates including required state-specific language and security features
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