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  • Atricle Dump - Sample Florida Articles of Incorporation

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    are stated. Guidelines that need to be stated in this section are the number of directors; how to amend the number; the duration of the terms for each director; and the available designations available.

    Article Ten. Distribution of Assets

    The distribution of assets is also a guideline for how the assets are to be distributed in the event that the corporation folds. In a business corporation, once all debts and liabilities have been paid off, the proceeds usually go to stockholders. For a non-profit organization, the assets are donated to charitable

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    A Florida Articles of Incorporation has the following sections.

    Title

    The title starts with ?Articles of Incorporation of? the name of the corporation, and then states the nature of the corporation, whether it is a business or a non-profit organization.

    Article One. Name

    In this section, the name of the corporation is specified.

    Article Two. Statement of Corporate Nature

    Section two is where the nature of the organization is specified, whether the corporation is a business or a non-profit organization.

    Article Three. Purposes

    In article three, the purpose of the corporation is stated. Was the corporation organized to be a business? What type of business? Is it a charitable non-profit organization? If so, what does it support? All these details need to be specified.

    Article Four. Dedication of Assets

    This section is a declaration of what assets the organization has and what efforts the organization is devoted to. If the purpose of the corporation is business, then the assets exist for the profit of the stockholders and for their best interest, but if the corporation is a non-profit organization, then the type of institution this corporation supports should be listed.

    Article Five. Membership

    Section five states the type of members the corporation accepts. In this section, specifying limitations, such as a member cannot be part of the directors of other organizations, can be written in this section.

    Article Six. Location of Initial Registered Office and Name of Initial Registered Agent

    In this section the address of the address of the initial registered office of the corporation and the mailing address of the corporation are stated. These two addresses do not have to be the same. It is in this section that the initial registered agent is specified as well.

    Article Seven. Directors

    Here, the names and addresses of the board members are listed.

    Article Eight. Incorporators

    This section is where the list of incorporators is specified. The incorporators can be similar to the directors, as specified in Article Seven.

    Article Nine. Management of Corporate Affairs

    In article nine, the guidelines to manage corporate affairs are stated. Guidelines that need to be stated in this section are the number of directors; how to amend the number; the duration of the terms for each director; and the available designations available.

    Article Ten. Distribution of Assets

    The distribution of assets is also a guideline for how the assets are to be distributed in the event that the corporation folds. In a business corporation, once all debts and liabilities have been paid off, the proceeds usually go to stockholders. For a non-profit organization, the assets are donated to charitable

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    rposes

    In article three, the purpose of the corporation is stated. Was the corporation organized to be a business? What type of business? Is it a charitable non-profit organization? If so, what does it support? All these details need to be specified.

    Article Four. Dedication of Assets

    This section is a declaration of what assets the organization has and what efforts the organization is devoted to. If the purpose of the corporation is business, then the assets exist for the profit of the stockholders and for their best interest, but if the corporation is a non-profit organization, then the type of institution this corporation supports should be listed.

    Article Five. Membership

    Section five states the type of members the corporation accepts. In this section, specifying limitations, such as a member cannot be part of the directors of other organizations, can be written in this section.

    Article Six. Location of Initial Registered Office and Name of Initial Registered Agent

    In this section the address of the address of the initial registered office of the corporation and the mailing address of the corporation are stated. These two addresses do not have to be the same. It is in this section that the initial registered agent is specified as well.

    Article Seven. Directors

    Here, the names and addresses of the board members are listed.

    Article Eight. Incorporators

    This section is where the list of incorporators is specified. The incorporators can be similar to the directors, as specified in Article Seven.

    Article Nine. Management of Corporate Affairs

    In article nine, the guidelines to manage corporate affairs are stated. Guidelines that need to be stated in this section are the number of directors; how to amend the number; the duration of the terms for each director; and the available designations available.

    Article Ten. Distribution of Assets

    The distribution of assets is also a guideline for how the assets are to be distributed in the event that the corporation folds. In a business corporation, once all debts and liabilities have been paid off, the proceeds usually go to stockholders. For a non-profit organization, the assets are donated to charitable

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    ration is a non-profit organization, then the type of institution this corporation supports should be listed.

    Article Five. Membership

    Section five states the type of members the corporation accepts. In this section, specifying limitations, such as a member cannot be part of the directors of other organizations, can be written in this section.

    Article Six. Location of Initial Registered Office and Name of Initial Registered Agent

    In this section the address of the address of the initial registered office of the corporation and the mailing address of the corporation are stated. These two addresses do not have to be the same. It is in this section that the initial registered agent is specified as well.

    Article Seven. Directors

    Here, the names and addresses of the board members are listed.

    Article Eight. Incorporators

    This section is where the list of incorporators is specified. The incorporators can be similar to the directors, as specified in Article Seven.

    Article Nine. Management of Corporate Affairs

    In article nine, the guidelines to manage corporate affairs are stated. Guidelines that need to be stated in this section are the number of directors; how to amend the number; the duration of the terms for each director; and the available designations available.

    Article Ten. Distribution of Assets

    The distribution of assets is also a guideline for how the assets are to be distributed in the event that the corporation folds. In a business corporation, once all debts and liabilities have been paid off, the proceeds usually go to stockholders. For a non-profit organization, the assets are donated to charitable

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    address of the corporation are stated. These two addresses do not have to be the same. It is in this section that the initial registered agent is specified as well.

    Article Seven. Directors

    Here, the names and addresses of the board members are listed.

    Article Eight. Incorporators

    This section is where the list of incorporators is specified. The incorporators can be similar to the directors, as specified in Article Seven.

    Article Nine. Management of Corporate Affairs

    In article nine, the guidelines to manage corporate affairs are stated. Guidelines that need to be stated in this section are the number of directors; how to amend the number; the duration of the terms for each director; and the available designations available.

    Article Ten. Distribution of Assets

    The distribution of assets is also a guideline for how the assets are to be distributed in the event that the corporation folds. In a business corporation, once all debts and liabilities have been paid off, the proceeds usually go to stockholders. For a non-profit organization, the assets are donated to charitable

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    are stated. Guidelines that need to be stated in this section are the number of directors; how to amend the number; the duration of the terms for each director; and the available designations available.

    Article Ten. Distribution of Assets

    The distribution of assets is also a guideline for how the assets are to be distributed in the event that the corporation folds. In a business corporation, once all debts and liabilities have been paid off, the proceeds usually go to stockholders. For a non-profit organization, the assets are donated to charitable institutions or other non-profit organizations.

    The article ends with the signatures of the initial registered agent and the incorporators.

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