The Minimum Requirements For New York Articles Of Incorporation
When starting out a business and filing for the New York Articles of Incorporation, you need to take note and study Section 402 of the Business Corporation Law. This information is provided and can be viewed from www.dos.state.ny.us where there is a format that you can follow for the New York Articles of Incorporation. Usually, a lot of states have the same basic requirements when it comes to filing for the Articles of Incorporation which is later on filed with the office of the Secretary of State. However, there are different minimum requirements and some optional sections in some states may be a minimum requirement in a different state. What you need to take note of is that you are fulfilling all the required information to make sure that everything is in perfect legal order.
The first section in writing the New York Articles of Incorporation is the name of the corporation. In some instances, you would need to check for the availability of the name that you would like to use just in case there is already an existing company of the same name. The next provision in the list of New York Articles of Incorporation is the corporate address which should not be a postal box address. This is where all the correspondence, either from the state or from your business contacts, will be sent to which is the reason why it needs to be a physical address.
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Also, another item in the list of the minimum requirements for the New York Articles of Incorporation is the total number of shares to be held by each stockholder or incorporator. Some states require that the details of the stock information be divulged in this section or the Articles of Incorporation, while others only include this in the additional provisions section. Although there is a form that you can follow, you may have your own format when writing the New York Articles of Incorporation, as long as all the information required is indicated in the legal document.
Although you can write the documents yourself, it is best to consult a legal attorney before submitting the final document to the Office of the Secretary of State of New York so that future legal entanglements can be avoided. As soon as everything is in perfect legal order, you can submit the accomplished New York Articles of Incorporation form and after the certification has been sent by the Office of the Secretary of State, then your corporation can officially get started.
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