The articles of amendment shall be executed by the corporation by an officer of the corporation.
The articles of amendment shall be executed by the corporation by an officer of the corporation.
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Churches and ministries are formed as non-profit corporations. Unlike for-profit corporations, non-profit corporations have no owners / shareholders and do not issues shares. They are not C Corporations or Subchapter S Corporations, although the C Corporation designation is sometimes used to describe them.
To form a corporation in Georgia, you must file articles of incorporation. The form is customizable. More information about corporate formation can be accessed through the website of the Georgia Corporations Division.
A corporation can amend or add as many articles as necessary in one amendment. The original incorporators cannot be amended. If amending/adding officers/directors, list titles and addresses for each officer/director.
Any corporation may for legitimate corporate purpose or purposes amend its articles of incorporation by a majority vote of its board of directors or trustees and the vote or written assent of two-thirds of its members if it be a non-stock corporation, or if it be a stock corporation, by the vote or written assent of
When a church incorporates, it adds a measure of legal liability protection for its membership because only the assets of the church corporation can be used to settle debts or lawsuits. Members can't be held liable for the inappropriate actions of another member.
How to Start a Nonprofit in GeorgiaName Your Organization.Recruit Incorporators and Initial Directors.Appoint a Registered Agent.Prepare and File Articles of Incorporation.Publish Incorporation.File Initial Report.Obtain an Employer Identification Number (EIN)Store Nonprofit Records.More items...
Articles of Amendment may be filed online, by mail, or in person with the Georgia Office of Secretary of State, Corporations Division. The filing fee may change from time to time, so check the state's fee schedule for the most current fee information.
A religious corporation is a nonprofit formed for religious purposes. When properly formed and managed, religious corporations are usually eligible for federal 501(c)(3) tax-exempt status.
When an organization becomes incorporated, that means it legally holds the same rights and responsibilities as an individual. There are many reasons why churches and other ministries should consider incorporation.
Articles of incorporation are a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation generally contain pertinent information, such as the firm's name, street address, agent for service of process, and the amount and type of stock to be issued.