Ic&s 502 Nformation And Instructions Page 9
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16REVIEW PROCEDURES FOR C&S 502 - ARTICLES OF INCORPORATION
FOR DOMESTIC NONPROFIT CORPORATIONS
STATUTORY CITE
SPECIFIC DOCUMENT ITEMS
ARTICLE V
1. The names and addresses of incorporators must be reflected. Except
NPA 201
for educational corporations, one incorporator is sufficient. Educational
202(h)
corporations require at least three.
GCA 170
2. The incorporator may be an individual, a partnership, a domestic or
NPA 108(4)
foreign corporation, or any other association, corporation, trust, or legal
201(1)
entity, limited liability company, professional limited liability company,
limited liability partnership who signs the articles of incorporation.
Minors may not act as incorporators, officers or directors of
AG Opinion 5893 dated
corporations.
5-8-81 (our #254)
3. If there are three or more incorporators, they may adopt a resolution at
NPA 201(2)
the organizational meeting, or prepare a written instrument, designating
one of them to sign on behalf of all incorporators. A copy of the
resolution or written statement must be made part of the articles and
must be certified by the person acting as secretary at the organizational
meeting.
If such a resolution or written statement is made part of the articles, all
incorporators must be listed but, only the person designated need sign.
4. Incorporators select the first board of directors and may adopt bylaws.
NPA 223
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