SECTIONS 13225-13230 - California Statutes

CORPORATIONS CODE

SECTION 13225-13230

13225. Articles of incorporation shall be signed, acknowledged, and
filed in the manner prescribed by the General Corporation Law for
domestic corporations.

13226. The articles of incorporation shall state:
(a) The name of the association.
(b) The purposes for which it is formed.
(c) The county where the principal office for the transaction of
business of the corporation is to be located.
(d) The number of directors thereof, which shall be not less than
three and may be any number in excess thereof; the term of office of
such directors; and the names and residence of those who are to serve
as directors for the first year, or until election and qualification
of their successors.

13227. If the association is organized with shares of stock, the
articles shall state the number of shares which may be issued and if
the shares are to have a par value, the par value of each share, and
the aggregate par value of all shares; and if the shares are to be
without par value it shall be so stated.

13228. If the shares are to be classified, the articles shall
contain a description of the classes of shares and a statement of the
number of shares of each kind or class and the nature and extent of
the preferences, rights, privileges and restrictions granted to or
imposed upon the holders of the respective classes of stock.

13229. If the association is organized without shares of stock, the
articles shall state whether the voting power and the property
rights and interest of each member are equal or unequal; and if
unequal the general rule or rules applicable to all members by which
the voting power and the property rights and interests, respectively,
of each member may be and are determined and fixed; and shall also
provide for the admission of new members who shall be entitled to
vote and to share in the property of the association with the old
members, in accordance with such general rule or rules.

13230. The articles of incorporation of any association may be
altered or amended in the manner and for the purposes prescribed by
the General Corporation Law for domestic corporations.