Articles of Incorporation

The video tutorial explains the essential components of the articles of incorporation, including the reservation of a corporate name, the principal business location, and the appointment of a representative for service. It also covers the business purpose, types of shares authorized, and the par value of initial stock. Some states may require the names of the initial board of directors. Once the articles are filed and approved, the state issues a charter or certificate of incorporation.

What primary information is required in the articles of incorporation?

What is the purpose of stating the types of shares in the articles of incorporation?

What does the term 'par value' refer to in the context of shares?

What additional information might some states require in the articles of incorporation?

What happens after the articles of incorporation are filed and approved by the state?