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 Oregon Articles of Incorporation is a legal document necessary for starting a corporation in the state of Oregon. It outlines the essential details about the corporation and is filed with the Oregon Secretary of State. The Oregon Articles of Incorporation include important information such as the corporation's name, purpose, registered office address, principal place of business, the names and addresses of the initial directors, and the number of authorized shares of stock. These details are crucial as they help ensure the corporation's compliance with state regulations and protect the rights and liabilities of the corporation and its owners. Key elements covered in the Oregon Articles of Incorporation: 1. Corporate Name: The chosen name must be unique, distinguishable from other businesses in Oregon, and include a corporate designator such as "Corporation," "Incorporated," "Company," or an abbreviation of these terms. 2. Purpose: This section specifies the primary objective or purpose for which the corporation has been established. It should be broad enough to encompass the activities the corporation intends to engage in. 3. Registered Office Address: The corporation must provide a physical address in Oregon where legal documents and official notifications can be delivered. A post office box is generally not acceptable for this purpose. 4. Principal Place of Business: The location of the corporation's main office, where its daily operations are conducted. 5. Initial Directors: The names and addresses of individuals who will serve as the initial members of the Board of Directors. Oregon's law requires at least one director, though there can be more. 6. Number of Authorized Shares of Stock: The corporation needs to specify the total number of shares it can issue. These shares represent ownership in the corporation and can be assigned or sold to shareholders. 7. Incorporated Information: The Articles of Incorporation must provide the name and address of the person or entity responsible for filing the document. This is typically the individual initiating the incorporation process. There are no specific variations of the Oregon Articles of Incorporation based on different types of corporations. However, there may be variations in the content based on the corporation's specific circumstances or chosen provisions, such as the existence of multiple classes of stock or provisions related to shareholder voting rights or restrictions. Overall, the Oregon Articles of Incorporation play a vital role in establishing a corporation in the state, providing a legal foundation for the company's operations, governance, and ownership structure. It is crucial to consult with legal professionals or utilize online resources to ensure accurate completion of the Articles, as any errors or omissions can cause potential complications or delays in the incorporation process.The Oregon Articles of Incorporation is a legal document necessary for starting a corporation in the state of Oregon. It outlines the essential details about the corporation and is filed with the Oregon Secretary of State. The Oregon Articles of Incorporation include important information such as the corporation's name, purpose, registered office address, principal place of business, the names and addresses of the initial directors, and the number of authorized shares of stock. These details are crucial as they help ensure the corporation's compliance with state regulations and protect the rights and liabilities of the corporation and its owners. Key elements covered in the Oregon Articles of Incorporation: 1. Corporate Name: The chosen name must be unique, distinguishable from other businesses in Oregon, and include a corporate designator such as "Corporation," "Incorporated," "Company," or an abbreviation of these terms. 2. Purpose: This section specifies the primary objective or purpose for which the corporation has been established. It should be broad enough to encompass the activities the corporation intends to engage in. 3. Registered Office Address: The corporation must provide a physical address in Oregon where legal documents and official notifications can be delivered. A post office box is generally not acceptable for this purpose. 4. Principal Place of Business: The location of the corporation's main office, where its daily operations are conducted. 5. Initial Directors: The names and addresses of individuals who will serve as the initial members of the Board of Directors. Oregon's law requires at least one director, though there can be more. 6. Number of Authorized Shares of Stock: The corporation needs to specify the total number of shares it can issue. These shares represent ownership in the corporation and can be assigned or sold to shareholders. 7. Incorporated Information: The Articles of Incorporation must provide the name and address of the person or entity responsible for filing the document. This is typically the individual initiating the incorporation process. There are no specific variations of the Oregon Articles of Incorporation based on different types of corporations. However, there may be variations in the content based on the corporation's specific circumstances or chosen provisions, such as the existence of multiple classes of stock or provisions related to shareholder voting rights or restrictions. Overall, the Oregon Articles of Incorporation play a vital role in establishing a corporation in the state, providing a legal foundation for the company's operations, governance, and ownership structure. It is crucial to consult with legal professionals or utilize online resources to ensure accurate completion of the Articles, as any errors or omissions can cause potential complications or delays in the incorporation process.
