What is contained in a Company Charter or Articles of Incorporation

A company charter or articles of incorporation typically contain the following information:

  1. Company Name: The name of the company that is being incorporated.
  2. Purpose of the Company: The purpose of the company, which outlines the type of business that the company will conduct.
  3. Location of the Company: The location of the company's registered office, where legal documents will be served.
  4. Share Information: The types of shares the company is authorized to issue and the rights and privileges of each share class.
  5. Board of Directors: The number of directors that will make up the board, their names, and how they will be elected or appointed.
  6. Officers: The names and titles of the officers of the company, including the president, treasurer, and secretary.
  7. Capitalization: The amount of authorized capital stock and how it will be allocated.
  8. Duration of the Company: The length of time the company will exist, which can be perpetual or for a specific term.
  9. Amendments: The procedures for making changes to the articles of incorporation.
  10. Dissolution: The procedures for dissolving the company.

These documents are usually filed with the appropriate state agency and become a matter of public record.

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