Sample - Articles of Incorporation
Sample - Articles of Incorporation
Important Notice: This is a sample to be used as a guide only. Corporations must
retain a local attorney to draw up and file Articles of Incorporation which will
conform with the State corporation laws.
ARTICLES OF INCORPORATION
OF
__________ HOUSE CORPORATION
Pursuant to __________________ of the ________________ Nonprofit Corporation
Act, the undersigned adopts the following Articles of Incorporation:
ARTICLE I
NAME
The Name of the Corporation, which is incorporated under the laws of the
State of ___________________, is and shall be _________________________ House
Corporation (the "Corporation")
ARTICLE II
PRINCIPAL PLACE OF BUSINESS
The principal place of business of the Corporation shall be located at
____________________________, in the City of _______________________, County of
_______________, and State of _________________________.
ARTICLE III
PURPOSE
The purposes for which the corporation is organized are:
For pleasure, recreation and other nonprofitable purposes and activities; to
promote lasting and enduring friendships among its members; to foster high
standards of intellectual achievement and ethical behavior among its members; to
promote the education of its members and to promote the education and social
milieu of the college where the ____________ Chapter is established; to promote the
development of education and advancement in the life of its members and to
promote and foster the fraternal principles and ideals of Alpha Delta Pi Sorority;
To acquire, build, maintain, own or lease and operate real estate for the
chapter house of the ______________ Chapter, as constituted from time to time, for
2002 Section II - 18
the promotion of the physical welfare of and social intercourse among such
members, and to own, lease, maintain, repair, furnish and improve the same as a
residence and/or meeting place of such members, and for the accommodation,
convenience, pleasure of such members, and to do any and all things necessary or
incident thereto;
To acquire, purchase, sell, occupy, erect, maintain, hold, own and lease such
personal or real property as may be necessary or desirable to carrying out any of
the foregoing purposes; and
To assist with, order and approve any and all repairs and improvements on
property leased to the ___________ Chapter of Alpha Delta Pi.
All activities of this corporation shall be at all times conducted in conformance
with the laws of the State of ___________________ and the Constitution, Bylaws,
Rules and Regulations of Alpha Delta Pi Sorority for which _______________ is a
Chapter.
ARTICLE IV
POWERS
In furtherance and not in limitation of the general powers conferred upon notfor-
profit corporations by the laws of the State of ____________________, and in
furtherance and not in limitation of the purposes set forth in these articles, this
Corporation shall have and exercise all powers necessary for, incidental to,
desirable for or useful or convenient in carrying out each and all of its objects and
purposes.
ARTICLE V
LIMITATION ON POWERS
The Corporation does not contemplate pecuniary gain or profit incidental or
otherwise to its members, and accordingly no profits will inure to the benefit of
any individual. No part of any funds of the Corporation shall inure to the benefit
of or be distributed to its members, directors, or officers, or to other private
persons, except that the Corporation shall be authorized and empowered to pay
reasonable compensation for services rendered and to make payments and
distributions in furtherance of the purposes set forth herein.
No substantial part of the activities of the Corporation shall be the carrying on
or propaganda, or otherwise attempting to influence legislation, and the
Corporation shall not participate in, or intervene in (including the publication or
distribution of statements) any political campaign on behalf of any candidate for
2002 Section II - 19
public office. Notwithstanding any other provisions hereof, the Corporation shall
not carry on any other activities not permitted to be carried on under Section
501(c)(7) of the Internal Revenue Code of 1954 (or of the corresponding provision
of any future United States Internal Revenue Code).
ARTICLE VI
MEMBERS
All alumnae of __________________ Chapter of Alpha Delta Pi Sorority in good
standing and all alumnae of other chapters of Alpha Delta Pi Sorority in good
standing shall be voting members of the corporation, in each case upon meeting
corporate fees and requirements as set out in the Bylaws. All active members of
the _______________ Chapter of Alpha Delta Pi in good standing, as it may be
constituted from time to time, shall automatically be and become members of this
corporation and shall be non-voting members.
ARTICLE VII
TIME OF COMMENCEMENT AND DURATION
The time of commencement of the corporation is ___________________, ______,
and the term of the corporation shall have perpetual existence. (NOTE: Most states
allow for "perpetual existence"; this should be checked for conformity to local law.)
ARTICLE VIII
INCORPORATORS
The names, residence and post office addresses of the incorporators of the
corporation are as follows:
(THIS LIST MUST CONFORM TO APPLICABLE STATE LAW)
ARTICLE IX
CONDUCT OF AFFAIRS
The affairs of this corporation shall be conducted by a board of directors that
the members may from time to time elect. The number of directors shall be fixed
in the Bylaws. The directors shall be elected by the voting members at the annual
meeting of the corporation which shall be held on the _________ day in
______________ each year.
The initial directors shall be:
(INCLUDE NAMES AND ADDRESSES AS REQUIRED BY STATE LAW)
2002 Section II – 20
ARTICLE X
PROPERTY
Any and all real estate or personal property now owned or hereafter acquired
by purchase, lease or otherwise, shall be acquired for the sole benefit of
______________ Chapter of Alpha Delta Pi and shall be acquired in the name of the
corporation and shall be by the corporation tented, leased or subleased to
__________________ Chapter of Alpha Delta Pi at such annual rental as is
determined to be fair and reasonable by the directors and officers of this
corporation, in order to meet the annual budget requirements of the corporation.
ARTICLE XI
EXEMPTION OF PRIVATE PROPERTY
The incorporators, directors, officers and agent of the corporation and their
property shall be forever exempt from liability or assessment for its debts,
obligations or engagements,
ARTICLE XII
DISTRIBUTION UPON DISSOLUTION
Upon the dissolution of this corporation, whether such dissolution shall result
from voluntary action, Court order, or lapse of time, or in the event the charter of
the _____________ Chapter of Alpha Delta Pi shall be withdrawn or surrendered, or
in the event the chapter shall be dissolved by order of __________________
University, then and in any such events, no part of the remaining assets of the
corporation, after the discharge of all corporate liabilities, shall inure to the private
profit, benefit, or advantage of any director or officer or any former director or
officers, by the whole of such remaining assets shall be, by the directors
distributed in cash or in kind, in fee absolutely and without return consideration,
direct or indirect, to Alpha Delta Pi Sorority, a nonprofit corporation chartered in
the State of Georgia.
ARTICLE XIII
AMENDMENT
These Articles of Incorporation may be amended in the manner provided by
law, but only if the amendment has been reviewed in advance and approved in
writing by the International Vice President of Finance of Alpha Delta Pi Sorority or
other international officer designated by her, before it is submitted to the
membership for approval.
2002 Section II - 21
IN WITNESS WHEREOF, these Articles of Incorporation have been executed on
this _____ day of _____________________, ________.
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- critique example journal article
- sample articles of incorporation
- message to employees distribute by e mail letter flyer etc
- current event article summary grading rubric
- the importance of writing from a business perspective
- general advice and key characteristics university of montana
- treatment plan goals objectives
- smart goals template
- business writing guide university of iowa
- scoring rubric for critical analysis points possible
Related searches
- wisconsin articles of incorporation search
- articles of incorporation texas search
- texas articles of incorporation search
- pa articles of incorporation search
- pennsylvania articles of incorporation search
- pa articles of incorporation form
- pa gov articles of incorporation search
- articles of incorporation search
- texas articles of incorporation lookup
- maryland articles of incorporation search
- michigan articles of incorporation search
- articles of incorporation for pennsylvania