The Oregon Articles of Incorporation form is a crucial legal document used to establish a corporation in the state of Oregon. This form outlines essential details about the corporation, such as its name, purpose, and structure. Completing this document accurately is vital for ensuring compliance with state laws and protecting your business interests.
The Oregon Articles of Incorporation form serves as a foundational document for individuals seeking to establish a corporation in the state of Oregon. This form outlines essential information about the corporation, including its name, purpose, and registered agent. It requires the inclusion of the corporation's principal office address and the number of shares the corporation is authorized to issue. Additionally, the form mandates the identification of the incorporators, who are responsible for filing the document with the state. By completing and submitting this form, individuals initiate the legal process of creating a corporation, thereby providing limited liability protection to its owners and establishing a formal business structure. Understanding the specific requirements and implications of the Articles of Incorporation is crucial for anyone looking to navigate the corporate landscape in Oregon effectively.
Oregon Articles of Incorporation
This template is designed to assist in drafting the Articles of Incorporation for businesses wishing to incorporate in the State of Oregon, in compliance with the Oregon Corporation Act. It is crucial to provide accurate and comprehensive information to facilitate the incorporation process.
Complete the sections below with the appropriate information regarding your corporation. This document is a critical first step in establishing your business as a recognized corporation in Oregon.
Article I: Name of the Corporation
The name of the corporation must be distinguishable from other business names registered in Oregon and comply with state naming requirements.
Corporation Name: ___________________________________________
Article II: Duration
State the duration of the corporation's existence. A corporation can be perpetual or have a specified end date.
Duration: __________________________________________________
Article III: Purpose
Detail the specific purpose for which the corporation is being formed. Oregon law requires that the purpose(s) for which a corporation is organized be clearly defined.
Purpose of the Corporation: ___________________________________
Article IV: Registered Agent
The registered agent is the individual or corporation that will receive legal documents on behalf of the corporation. The agent must have a physical address in Oregon.
Name of Registered Agent: ____________________________________
Physical Address in Oregon: __________________________________
Article V: Incorporators
List the name(s) of the incorporator(s) responsible for executing the Articles of Incorporation. These individuals are undertaking the filing process and ensuring compliance with state requirements.
Article VI: Shares
Detail the number of shares the corporation is authorized to issue. If there are multiple classes of shares, provide the rights and preferences of each class.
Total Authorized Shares: _________________________
Class: _________________________________________
Rights and Preferences: ________________________
Article VII: Indemnification
The corporation can choose to indemnify its officers, directors, employees, and agents against liabilities that they may incur in their official capacities. This is an optional provision but is highly recommended.
Indemnification Clause: Yes ☐ No ☐
Additional Provisions
Include any other provisions that are not covered above but are necessary for the corporation's operation and compliance with Oregon state law.
Additional Provisions: ________________________________________
Ensure that all information provided is accurate and complete before submitting the Articles of Incorporation to the Oregon Secretary of State. Corporations are subject to state laws and regulations, and it is imperative to adhere to these legal requirements to maintain good standing.
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