This state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new close corporation. The form contains basic information concerning the close corporation, normally including the close corporation's name, purpose and duration of the close corporation, the registered address, registered agent, and related information.
Costa Mesa California Articles of Incorporation for Close Corporation is a legal document filed with the California Secretary of State by business owners seeking to establish a close corporation in the city of Costa Mesa. Close corporations are a unique type of corporation that can only have a limited number of shareholders, typically a small group of closely related individuals or a few investors. The Articles of Incorporation for close corporations in Costa Mesa, California contain specific information required for the formation and operation of this type of corporation. Some of the key elements that must be included in these articles are: 1. Business Name: The chosen name for the close corporation must be unique and should not be the same or too similar to an existing business entity. 2. Purpose: The specific purpose of the close corporation should be clearly outlined, including the type of business activities it will engage in. 3. Shareholders: The articles should mention the total number of shareholders the close corporation will have and state that all shareholders must be individuals or certain types of trusts. 4. Shares of Stock: The articles need to specify the number of shares of stock the corporation is authorized to issue, as well as their par value if applicable. 5. Directors: The names and addresses of the initial directors of the close corporation should be stated. The number of directors may vary depending on the specific requirements and preferences of the shareholders. 6. Registered Agent: The close corporation must designate a registered agent located in Costa Mesa who will be responsible for receiving legal documents and official correspondence on behalf of the corporation. 7. Close Corporation Election: The articles should include a statement declaring that the corporation elects to be a close corporation, as defined by the California Corporations Code. 8. Effective Date: The specific date when the Articles of Incorporation will become effective should be mentioned. It is worth mentioning that there aren't different types of Articles of Incorporation for Close Corporations in Costa Mesa, California. However, the content of these articles can vary depending on the specific requirements and preferences of the shareholders, as long as they comply with the guidelines and regulations set forth by the California Corporations Code.Costa Mesa California Articles of Incorporation for Close Corporation is a legal document filed with the California Secretary of State by business owners seeking to establish a close corporation in the city of Costa Mesa. Close corporations are a unique type of corporation that can only have a limited number of shareholders, typically a small group of closely related individuals or a few investors. The Articles of Incorporation for close corporations in Costa Mesa, California contain specific information required for the formation and operation of this type of corporation. Some of the key elements that must be included in these articles are: 1. Business Name: The chosen name for the close corporation must be unique and should not be the same or too similar to an existing business entity. 2. Purpose: The specific purpose of the close corporation should be clearly outlined, including the type of business activities it will engage in. 3. Shareholders: The articles should mention the total number of shareholders the close corporation will have and state that all shareholders must be individuals or certain types of trusts. 4. Shares of Stock: The articles need to specify the number of shares of stock the corporation is authorized to issue, as well as their par value if applicable. 5. Directors: The names and addresses of the initial directors of the close corporation should be stated. The number of directors may vary depending on the specific requirements and preferences of the shareholders. 6. Registered Agent: The close corporation must designate a registered agent located in Costa Mesa who will be responsible for receiving legal documents and official correspondence on behalf of the corporation. 7. Close Corporation Election: The articles should include a statement declaring that the corporation elects to be a close corporation, as defined by the California Corporations Code. 8. Effective Date: The specific date when the Articles of Incorporation will become effective should be mentioned. It is worth mentioning that there aren't different types of Articles of Incorporation for Close Corporations in Costa Mesa, California. However, the content of these articles can vary depending on the specific requirements and preferences of the shareholders, as long as they comply with the guidelines and regulations set forth by the California Corporations Code.