Articles Of Incorporation Of A Close Corporation {ARTS-CL} | Pdf Fpdf Docx | California

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Articles Of Incorporation Of A Close Corporation {ARTS-CL} | Pdf Fpdf Docx | California

Last updated: 7/15/2022

Articles Of Incorporation Of A Close Corporation {ARTS-CL}

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Description

ARTS-CL, Articles of Incorporation of a Close Corporation, Section 158 of the California Corporation Codes allows for the formation of close corporations. This section defines a close corporation as a corporation that does not have more than 35 shareholders, and that number of shares and shareholders of the corporation are specified in the Articles of Incorporation. The main purpose of forming a California close corporation is to give the shareholders of your company more control than they would have with a normal corporation. (REV 07/2022). www.FormsWorkflow.com

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