Oregon Articles of Incorporation (Cooperative Corp) is a legal document that is filed with the Oregon Secretary of State to form a cooperative corporation in Oregon. The document must include the name of the cooperative, the purpose of the cooperative, the address of the cooperative’s principal office, the name and address of the registered agent, the number of shares the cooperative is authorized to issue, the name and address of each incorporated, and any other information the Secretary of State may require. The filing fee for the Articles of Incorporation is $100. There are two types of Oregon Articles of Incorporation (Cooperative Corp): the standard Articles of Incorporation and the Limited Liability Company Articles of Incorporation. The standard Articles of Incorporation are used to form a regular cooperative corporation, while the Limited Liability Company Articles of Incorporation are used to form a limited liability company. Both types of Articles of Incorporation require the same information and filing fee.
Oregon Articles of Incorporation (Cooperative Corp)
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How to fill out Oregon Articles Of Incorporation (Cooperative Corp)?
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FAQ
The difference between corporation and cooperative is that a corporation is a legal entity that stands separate from its owners. A cooperative, however, is an association of individuals voluntarily cooperating for the promotion of mutual, social, cultural, and economic benefits.
Cooperatives are businesses owned by ?member-owners?. Co-ops are democratically controlled by their member-owners, and unlike a traditional business each member gets a voice in how the business is run. Services or goods provided by the co-op benefit and serve the member owners.
Overview. Preparing and filing your articles of incorporation is the first step in starting your business or nonprofit corporation. Approval of this document secures your corporate name and creates the legal entity of the corporation.
The purpose of the document is to tell the state what your corporation is called, who are its founding board members, and what its purpose for existing is.
Those types of cooperatives include producer/marketing, retail supply, utilities, cable television, agricultural services, fish marketing, child care, farmers' markets and community service.
A certified copy of your Articles of Organization or Articles of Incorporation can be ordered by fax, mail or in person, but we recommend faxing. Normal processing takes up to 7 days, plus additional time for mailing, and costs $15.
The difference between corporation and cooperative is that a corporation is a legal entity that stands separate from its owners. A cooperative, however, is an association of individuals voluntarily cooperating for the promotion of mutual, social, cultural, and economic benefits.
Cooperatives are businesses owned and con- trolled by the people who use them. Coopera- tives differ from other businesses because they are member owned and operate for the benefit of members, rather than earn profits for investors. Like other businesses, most coopera- tives are incorporated under State law.