Minnesota Articles of Incorporation
Under the Minnesota Business Corporation Act, individuals looking to form a corporation must file these Articles of Incorporation with the Minnesota Secretary of State. This document lays the foundation for your corporation and its operations within the state. Accurate and thorough completion is crucial for establishing your business entity legally and efficiently.
Article I: Name of the Corporation
Enter the full, legal name of the corporation as you wish it to be registered. The name must adhere to the naming requirements outlined in the Minnesota Business Corporation Act, including the use of a corporate designator such as "Incorporated," "Corporation," "Limited," or an abbreviation thereof.
Name of Corporation: ____________________________________________________
Article II: Purpose
Describe the specific purpose for which the corporation is being formed. This purpose should be sufficiently detailed to encompass the scope of the business activities the corporation intends to undertake.
Purpose of the Corporation: ______________________________________________
Article III: Registered Office and Agent
Provide the street address of the corporation’s registered office in Minnesota. This location serves as the primary place for receiving official correspondence and legal documents. Additionally, name the registered agent responsible for receiving legal notifications on behalf of the corporation at this address.
Registered Office Address: _________________________________________________
City, State, Zip Code: _____________________________________________________
Registered Agent’s Name: __________________________________________________
Article IV: Authorized Shares
Specify the total number of shares the corporation is authorized to issue, including the classification of shares, if any. Detailing the classes and any preferences, limitations, or rights particular to each class if the corporation will have more than one class of shares.
Total Number of Shares: __________________________________________________
Class(es) of Shares: _______________________________________________________
Article V: Incorporators
List the name(s) and address(es) of the incorporator(s) responsible for executing these Articles of Incorporation. The incorporators must be individuals of legal age and are tasked with signing the Articles of Incorporation.
- Name of Incorporator: _________________________________________________
- Address: _____________________________________________________________
- City, State, Zip Code: ________________________________________________
Article VI: Board of Directors
Identify the initial board of directors who will oversee the corporation until the first annual meeting of shareholders, where a new board will be elected. Provide the names and addresses of each director.
- Name of Director: ______________________________________________________
- Address: _____________________________________________________________
- City, State, Zip Code: ________________________________________________
Article VII: Bylaws
Confirm that the initial bylaws of the corporation shall be adopted by the board of directors in accordance with the Minnesota Business Corporation Act.
Bylaws adopted by: Board of Directors Date: _________________________
Article VIII: Duration
State the duration of the corporation if it is not perpetual. If the corporation is to dissolve on a specific date, mention the date. If otherwise, indicate that the corporation’s duration is perpetual.
Duration of the Corporation: _____________________________________________
Additional Provisions
Here, you may include any other provisions that are deemed necessary for the operation and governance of the corporation that are not inconsistent with Minnesota law or the purpose of the corporation.
Provisions: _____________________________________________________________
Completion of these Articles of Incorporation is the first step towards establishing your corporation in Minnesota. Ensure accuracy and compliance with Minnesota law to facilitate a smooth registration process.