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The articles of incorporation set up the basic terms of the corporation, such as its purpose and board of directors. Possible exemption. from certain property taxes. For example, the Articles of a California nonprofit public benefit corporation must include the following statements verbatim.
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Hence, it is truly necessary for you to have this document at hand so that you can have a charter for your corporation to be established and recognizedCorporations can be formed and established if the.
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Article IV - Principal Place of Business. The articles of incorporation set up the basic terms of the corporation, such as its purpose and board of directors. Incorporating your nonprofit will set legal protections in place that can keep you and your directors' personal assets separate from the company's liabilities.