For Profit Articles of Incorporation are essential documents required when establishing a new corporation in any U.S. state. They serve as the foundation for corporate existence and outline fundamental aspects of the company's structure. These articles must be filed with the appropriate state agency and typically include information about the corporation's name, purpose, stock structure, registered agent, and initial directors. The document is crucial for obtaining legal recognition as a corporation and establishing the basic framework for corporate governance.
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1. Article I: Name: Legal name of the corporation
2. Article II: Registered Office and Agent: Official address and registered agent information
3. Article III: Purpose: Statement of corporate purpose and permitted activities
4. Article IV: Duration: Period of corporate existence (usually perpetual)
5. Article V: Capital Stock: Authorization of shares and classes of stock
6. Article VI: Board of Directors: Initial directors and board structure
1. Article VII: Preemptive Rights: Rights of existing shareholders to purchase new stock issuances. Include when protecting existing shareholders' ownership interests
2. Article VIII: Indemnification: Protection of officers and directors from liability. Include when additional protection for leadership is desired
3. Article IX: Amendment Provisions: Procedures for modifying articles. Include when specific amendment requirements are needed
1. Schedule A: Initial Shareholders: List of initial shareholders and their shareholdings
2. Schedule B: Initial Directors: List of initial board members and their information
3. Schedule C: Share Transfer Restrictions: Detailed restrictions on share transfers, if any
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