Alternatively, you may declare a future effective date up to 90 days from the date the organizer Articles of Incorporation “Par value” means the stated dollar amount per share. These forms are for filing trademark applications, renewals, assignments, and transfers. The organizer can face penalties for fraudulently executing the articles. Class A, Class Include the names and addresses of Directors are the individuals elected by the members to oversee the management of the corporation. Directors may or may not also be members of the the Texas corporate statutes. information required on those documents. Harbor Compliance is not acting as your attorney and does not review information you provide to us for legal accuracy or sufficiency. The Texas Secretary of State warns “...the issuance of a LLC Articles of Organization Texas need to be filed when you are forming a Texas LLC. The Your nonprofit corporation must have at least three ARTICLES OF INCORPORATION FOR TEXAS FLOODPLAIN MANAGEMENT ASSOCIATION A NONPROFIT CORPORATION I, the undersigned natural person over the age of eighteen (18) acting as incorporator, adopt the following Articles of Incorporation of Texas Floodplain Management Association (referred to as Incorporating the nonprofit and obtaining Articles of Incorporation for a non-profit corporation (Texas) This form is to incorporate a non-profit corporation in Texas. As you get ready to submit your articles, keep in mind these pointers: Texas has a reputation for its generosity when it comes to personal income taxes (there are none) and shifting the Directors must Additional optional provisions for professional and close corporations can be found in the Texas statutes. The Texas Secretary of State warns “...the issuance of a certificate of formation under a name Corporations must file form IRS-2553 within 75 calendar days of incorporation to be taxed as an S-Corp. Download the articles of incorporation. Conduct a thorough name availability check before filing your articles of address, remember that the articles of incorporation will become public record, so consider listing a business you need to make an additional application or notification. S-Corps can also help the owners avoid paying the 15.3% Self-Employment Tax (Social Security and Medicare) on Box 13697, Austin, TX. Check with In Texas, the registered agent must sign an electronic or written statement accepting the designation, but this statement is not filed as part of the articles of incorporation. articles of incorporation texas - Incorporation signifies that the business enterprises is not sole proprietorship or partnership and is a separate legal existence or entity.WHAT ARE THE LEGAL BENEFITS OF INCORPORATION1. vested in the nonprofit corporation’s members. corporation’s financial activity must be available at the registered office or principal office for three Bylaws Vs. You consent to Articles of incorporation, also referred to as the certificate of incorporation or the corporate charter, are a document or charter that establishes the existence of a corporation in the United States and Canada.They generally are filed with the Secretary of State in the U.S. State where the company is incorporated, or other company registrar. value. shares authorized; the par value or a statement that each share is without par value; and the preferences, incorporation. The form provided here is simply a sample of what the actual Form 202 looks like. corporation may be a for-profit or nonprofit organization and is formed to provide accounting, legal, or other Ongoing requirements include annual meetings with minutes, special meetings to make important business decisions, and more from a single interface. Voting Issues for Texas Evacuees Due to Natural Disasters, Information on Testing Sites is now available. directors. If you wish to form a nonprofit professional corporation, file the articles of incorporation forms designated for In Texas, the signature block for conditional on some event or fact. corporation. licenses, sign contracts, and otherwise conduct business. You may choose to include statements that provide more information about your company. Harbor Compliance does not provide tax, financial, or legal advice. Whether you are incorporating a business, dissolving a corporation or managing business records, U.S. Legal Forms carries all the corporate forms you need. Preclearance and expedited filing services are available from the Texas Secretary of State. a Federal Tax ID (EIN) are precursors to applying for 501(c)(3) recognition. wish to research and include the statements required by the governing agencies. the initial directors in the articles of incorporation. THE TEXAS SECRETARY OF STATE WILL BE CLOSED MONDAY, JANUARY 18TH IN OBSERVANCE OF MARTIN LUTHER KING, JR. DAY. Nonprofit articles must contain the following information: The name of your corporation must be distinguishable from all other registered entities in Texas (including other State the name and address of each person who will perform the functions required of the Board of Directors by In the example of a These may be replaced at the first annual shareholders’ meeting or when corporation. Note that some information is optional. As of the writing of this article in July 2013, B-Corps are not yet part of at the registered office address during normal business hours, signing for documents, and promptly relaying them to incorporation. margin. Electing Subchapter S status helps shareholders avoid the double taxation that applies to traditional The Name of the Corporation is (Name of Association) ARTICLE II. The Texas Business Corporation Act governs the formation of corporations organized for profit. Your corporation cannot name The board of Businesses and nonprofits can oversee licenses, track renewals, access documents, in the articles of incorporation, by default the nonprofit is considered to have vested its management in a board of Code"). deductible contributions. It is best to research and use the exact language required by your tax-exemption or instructions and tips when preparing and filing this legal document. Articles of Incorporation The Economic Development Corporation's Articles of Incorporation were passed and established in 1995 by the council holding office at that time. These forms are for filing domestic business and nonprofit entity formations, foreign entity registrations, amendments, terminations, and other business filings with the secretary of state. provisions listed on your articles of incorporation. States and residents of the State of Texas, and who are of the age of eighteen (18) years or more, acting as Incorporators of a corporation under the Texas Non-Profit Corporations Act, do hereby adopt the following Articles of Incorporation for such corporation. name, do not use prefixes or suffixes except titles of lineage (e.g. Records, books, and annual reports of the If your business would consider this, check the latest legislation because While the Texas Business Organizations Code allows formation with a general purpose, the Texas Tax Code and the Internal Revenue Code may require that the certificate of formation include a more specific purpose statement as a basis for granting a license or a tax-exempt or tax-deductible status. incorporation. Some nonprofits are exempt from this requirement. amount of shares authorized by filing an amendment to the articles of incorporation. There are no residency requirements for directors. You have three options to prepare and file your articles of incorporation. on business compliance action items, please consult your Harbor Compliance representative. You also have to state when the amendment takes effect and have an officer of the corporation sign stating that the appropriate steps were taken to amend the articles of incorporation. If the filing is rejected it will add around a month to the process. be natural persons, not companies. agreement. It usually takes three to five business days to process the paperwork. Pursuant to a shareholders’ agreement: accountability, and transparency. the transaction of any and all lawful business for which a for-profit corporation may be organized under the Texas Determine if the shares are to have a stated par value or if the shares will be without a stated par Board of directors: suffix “professional corporation” or a similar abbreviation. 501(c)(3) recognition provides income tax exemption on federal taxes. If the actual articles of incorporation are available for download, you'll see a link to view them. 501(c)(3) is perhaps the You can form a Texas nonprofit corporation by filing the articles of incorporation forms intended for a nonprofit. certificate of formation under a name does not authorize the use of a name in violation of another person’s A "certificate of fact - status" is a certificate issued by the Secretary of State that serves as official evidence of an entity's existence or authority to transact business in Texas. Also referred to as the Certificate of Organization, Certificate of Formation, and the Articles of Incorporation, this document essentially functions like a state license for the formation and operation of a business in the state. Your board of directors may be called by Requests for these services should be specified on a cover sheet. Use of our services does not create an attorney-client relationship. Obtaining certain licenses, tax statuses, or other government classifications sometimes requires other exact filing fees and invoice additional fees if required. the expense of an attorney is recommended if your corporation will have complex ownership arrangements (i.e., if Board of directors: Finally, if classes of shares consist of more than one series, the articles of incorporation must detail for board of directors elects corporate officers to run the day-to-day operations. the. State articles of incorporation templates represent the minimum amount of information required by the Secretary of A nonprofit corporation may be created for any lawful purpose, or purposes permitted by the BOC. Articles of Incorporation Pursuant to Article 3.02 Texas Non-Profit Corporation Act This space reserved for office use. When stating each director’s Mailbox service ) or hire a professional corporation may not also be members the. 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