Ic&s 502 Nformation And Instructions Page 4
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16REVIEW PROCEDURES FOR C&S 502 - ARTICLES OF INCORPORATION
FOR DOMESTIC NONPROFIT CORPORATIONS
STATUTORY CITE
SPECIFIC DOCUMENT ITEMS
ARTICLE II
1. The purpose for which the corporation is organized. An "all purpose"
NPA 202(b)
statement to the effect the corporation may engage in any activity
Policy Statement C-8
within the purposes for which corporations may be formed under the
Policy Statement C-10
Act is not permitted.
Policy Statement C-15
Policy Statement C-33
External Policy re: Banks
& Fiduciaries
External Policy re:
MSHDA
Release No. 93-1-C
A.G. Opinion 6770 (dated
9-17-93) (Our No. 269)
2. Educational corporations must state their educational system and
NPA 202(b)
include the degrees, honors, diplomas, or certificates which will be
GCA 173
granted. They must also obtain approval from the Department of
See separate
Education before filing can be completed.
EDUCATIONAL
CORPORATIONS section
3. Corporations organized for the purpose of teaching religious beliefs
see separate review
and principles are ecclesiastical corporations incorporated pursuant to
procedures for C&S 503
Sections 178 through 185, Act 327, P.A. 1931.
Section 186 of Act 327, P.A. 1931 concerns ecclesiastical
GCA 186
corporations in the form of Sunday schools and religious societies,
other than a church, whose object is the teaching of religious
principles or the associating together for religious work. Although
considered ecclesiastical corporations, their articles are drafted
pursuant to Act 162, P.A. 1982 by using form C&S 502. In addition to
the information required by Act 162, P.A. 1982, the articles must
contain the following:
a) A statement that it is an ecclesiastical corporation pursuant to
Section 186, Act 327, P.A. 1931 OR a modification of the
preamble to include a reference to that section and act. (The data
entry sheet must be noted to reflect the act of incorporation as
162-1982 and 327-1931).
b) Any special conditions or distinguishing principles upon which the
corporation is founded.
c) The name of the organized church with which it is affiliated, if any.
d) A statement of the extent to which the organized church may
exercise superintendence over the affairs of or discipline of the
members of the corporation.
4. Public body corporations.
See separate section
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