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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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14:19
I wrote Raytheon instead of RTX since its more recognizable
14:19
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14:20
@bonelesscannoli: swagalicious i will add the inc.
14:20
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@c0bra1: U work in retail?
14:21
im assuming he was an intern
14:24
@bonelesscannoli: no i interned also i hate this 15 message limit
14:25
howd you manage the internship? theyre super competitive
@c0bra1: I gotcha
14:31
@NemoPropheta: mine was on a chill team so i had a good time, but apple works like a bunch of little companies that report to the same ppl so its a little isolating if you're not in the same office/don't go out much. i didn't take RO to intern again
14:32
i applied cold and happened to team match well from something i did on a prior internship
@Sex-Drive: we have entirely different living standards if you think 60k is "hardly anything to live off of:"
i make around that in a hcol area and feel like im balling out while saving over 20% of my income
@Sex-Drive: Seconding what Windy's saying. I live in a LCOL and I'm fully able to support myself and my family on my paycheck alone. $60k in a HCOL while single was living check to check.
14:55
[deleted by starfishies]
not to be a boomer but i think people need to realize that you are supposed to be broke in your early 20s
oh no its dk again
What did they even post?
probably calling me an anti-hispanic slur
if I want to transfer to nyu is it better to go to washu or cardozo
(also why does nyu accept so many transfers from brooklyn lmao, what other t125 will let you transfer that high)
15:07
transferring is grades dependent so "better" is a little weird to define - a lot of ppl don't want to give up schollys/networks for ranking purposes. that being said im going to dozo and hoping for a nyu transfer lol
15:08
i think they take a lot from brooklyn just by the nature of being a nyc school. 3 out of 15 transfers out of cardozo went to nyu last year which is technically a good sign but you'd consider that the rate of ppl at washu wanting to move to nyc and pay sticker after a year is probably lower than the rate of ppl at nyc schools who want to
15:09
i dont really know how important it is to be median vs 75th of transfer gpa but id imagine keeping a B+/A- average is pretty hard in 1L and easier said than done
15:58
my bitches shaking ass with they hand out
NosyBeagle
16:49
did someone say shaking ass
16:55
im crashing out
im locking in
I'm locking [my daughter] in [the basement]
18:17
Im in the [spread] sheets locked [tf] in
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