All jurisdictions have statutes enabling qualified persons to form corporations for certain purposes by following specified procedures. The proper form and necessary content of articles of incorporation depend largely on the requirements of the several state statutes, which in many instances designate the appropriate form and content. Thus, while the articles must stay within the limitations imposed by the various statutes and by the policies and interpretations of the responsible state officials and agencies, the articles may usually be drafted so as to fit the business needs of the proposed corporation. In many states, official forms are provided; in some of these jurisdictions, use of such forms is mandatory. Although in some jurisdictions, the secretary of state's printed forms are not required to be used, it is wise to use the language found in the forms since much of the language found in them is required.
This form is baser on the Revised Model Business Corporation Act.
The Illinois Articles of Incorporation is a legal document that officially establishes a corporation in the state of Illinois. It serves as a foundational document and outlines crucial information about the company, its purpose, structure, and governance. The Articles of Incorporation are filed with the Illinois Secretary of State's office. The Illinois Articles of Incorporation typically include the following key information: 1. Corporation Name: The name chosen for the corporation must be unique and end with an appropriate designator such as "Corporation," "Inc.," or "Ltd." 2. Registered Agent and Office: The Articles of Incorporation must list the name and address of the registered agent who will accept legal documents on behalf of the corporation. Additionally, the registered office address in Illinois should be provided. 3. Purpose of Incorporation: The document includes a statement describing the primary business activity or purpose of the corporation. It is advisable to use broad language to allow for future expansion or changes in the business. 4. Capital Stock: The Articles of Incorporation outline the type and number of authorized shares of stock that the corporation can issue. It may also specify whether it is a non-stock or stock corporation. 5. Directors and Officers: The initial board of directors and officers are typically identified in the Articles of Incorporation. This includes their names and addresses. 6. Duration: The document specifies the duration of the corporation, which is usually stated as "perpetual" unless there is a specific end date intended. Apart from the standard Articles of Incorporation, Illinois offers several types of specialized documents tailored to specific business entities: 1. Non-Profit Articles of Incorporation: Required for organizations seeking nonprofit status, these articles include additional information to demonstrate the corporation's charitable or educational nature. 2. Close Corporation Articles of Incorporation: Specifically designed for small businesses where the shares are not publicly traded; these articles provide certain restrictions and regulations on the transferability of shares. 3. Professional Corporation Articles of Incorporation: Professionals in fields such as law, medicine, or accounting may form a professional corporation, which requires a different set of articles, including certain licensing and regulatory compliance. It is essential to consult with legal professionals or utilize online resources provided by the Illinois Secretary of State's office for accurate and up-to-date information regarding specific requirements for the Articles of Incorporation in Illinois.The Illinois Articles of Incorporation is a legal document that officially establishes a corporation in the state of Illinois. It serves as a foundational document and outlines crucial information about the company, its purpose, structure, and governance. The Articles of Incorporation are filed with the Illinois Secretary of State's office. The Illinois Articles of Incorporation typically include the following key information: 1. Corporation Name: The name chosen for the corporation must be unique and end with an appropriate designator such as "Corporation," "Inc.," or "Ltd." 2. Registered Agent and Office: The Articles of Incorporation must list the name and address of the registered agent who will accept legal documents on behalf of the corporation. Additionally, the registered office address in Illinois should be provided. 3. Purpose of Incorporation: The document includes a statement describing the primary business activity or purpose of the corporation. It is advisable to use broad language to allow for future expansion or changes in the business. 4. Capital Stock: The Articles of Incorporation outline the type and number of authorized shares of stock that the corporation can issue. It may also specify whether it is a non-stock or stock corporation. 5. Directors and Officers: The initial board of directors and officers are typically identified in the Articles of Incorporation. This includes their names and addresses. 6. Duration: The document specifies the duration of the corporation, which is usually stated as "perpetual" unless there is a specific end date intended. Apart from the standard Articles of Incorporation, Illinois offers several types of specialized documents tailored to specific business entities: 1. Non-Profit Articles of Incorporation: Required for organizations seeking nonprofit status, these articles include additional information to demonstrate the corporation's charitable or educational nature. 2. Close Corporation Articles of Incorporation: Specifically designed for small businesses where the shares are not publicly traded; these articles provide certain restrictions and regulations on the transferability of shares. 3. Professional Corporation Articles of Incorporation: Professionals in fields such as law, medicine, or accounting may form a professional corporation, which requires a different set of articles, including certain licensing and regulatory compliance. It is essential to consult with legal professionals or utilize online resources provided by the Illinois Secretary of State's office for accurate and up-to-date information regarding specific requirements for the Articles of Incorporation in Illinois.
