Articles Of Incorporation Definition
A corporation’s articles of incorporation, also known as its charter, is a document that establishes the existence of the corporation and outlines its primary purpose. The articles of incorporation must be filed with the appropriate state government office, usually the secretary of state, in order to legally form a corporation.
The articles of incorporation typically include the corporation’s name, its location, the names of its initial directors, and the amount of stock that will be issued. The document may also include provisions regarding corporate governance, such as how often directors will meet, and what procedures will be followed in the event of a tie vote. Once it is filed and approved, the articles of incorporation serve as a legal blueprint for the operation of the corporation.
