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LSDefine

Simple English definitions for legal terms

Articles of Incorporation

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A quick definition of Articles of Incorporation:

Articles of Incorporation are the most important rules for a company. They tell us what the company is for, how many parts it is divided into, and how the people in charge are chosen. When a company is made, the Articles of Incorporation must be given to the government. They can be changed later if needed.

A more thorough explanation:

Definition: The Articles of Incorporation is the main legal document that governs a corporation. It is also called the corporate charter. The Articles of Incorporation typically includes the purpose of the corporation, the type and number of shares, and the process of electing a board of directors. This document must be filed with the state when incorporating a business, and can be changed or cancelled as allowed by law and the articles themselves.

For example, if a group of people want to start a new business, they will need to file Articles of Incorporation with the state. The document will outline the purpose of the business, such as selling products or providing services. It will also specify the number and type of shares that can be issued, and how the board of directors will be elected.

Another example is if a corporation wants to change its name or purpose, it will need to amend its Articles of Incorporation. This process involves filing a new document with the state that outlines the changes being made.

These examples illustrate how the Articles of Incorporation is a crucial document for any corporation. It sets out the rules and regulations that the business must follow, and provides a framework for decision-making and governance.

Articles of Impeachment | Articles of Organization

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[] baddestbunny
20:54
subtly implying that I am the best and therefore asserting my dominance
20:54
lol
Has anyone been accepted into Campbell yet and if so, how long did it take?
21:48
@bunny I got no business at Yale.
21:54
https://www.youtube.com/watch?v=v9gS3R6SpK8 [warning, do not watch if Fordham is your #1 choice]
21:58
I wouldnt go to yale only if i got into hls or uchic
i would take michigan darrow over yale tbh
[] baddestbunny
22:25
I can't imagine picking hls over yale assuming equal cost of attendance
[] baddestbunny
22:27
that class size is just so damn big
[] baddestbunny
22:27
@windyMagician: I feel that way but about nyu rtk
22:37
Class size = alumni connections, id love a large network
22:38
Darrow is pretty good too
i just want to be a pd and vibe, no need for fanciness
[] baddestbunny
23:08
friend sent me this
23:16
casual 177
letsseehowitgoesnow
23:47
same @windy
letsseehowitgoesnow
23:47
i just wanna wear a cool suit with my boots and defend
4:06
I’m this close to paying a tarot reader on Etsy to help decide between two schools
4:07
man, 5 hours and 53 minutes from now
4:08
LSAT score?
4:10
in 5 hours and 50 mins. You can roast me after that for not being 170+
4:13
@Bunny I love his username. Iloveyoumc, guy wants to fuck an MC hard. Love it.
4:14
Don’t be hard on yourself, I felt worse about June than April yet jumped up significantly
4:14
Put on some feel-good rock music as you sign in and view your score
4:16
I will do so. It will be stones if you consider that rock but it will be feel good.
4:17
Man this Fordham law video is sad @llama I hope they arent real students.
7:07
Yeah I'd stay Stones is pretty rock, they certainly went in that direction in the 70s
7:10
They started out mod/pop then took a lot of drugs and made some great experimental records, after that they opted for a barebones loud, hard rock sound
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