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Fill and Sign the State of Alabama Startnonprofitorganizationcom Form

Fill and Sign the State of Alabama Startnonprofitorganizationcom Form

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STATE OF ALABAMA )COUNTY OF _________ ) ARTICLES OF INCORPORATION OF _______________________ The undersigned, acting as incorporator of a corporation under the Alabama Business Corporation Act, hereby adopts the following Articles of Incorporation for such corporation:FIRST: The name of the corporation is_______________________SECOND: The period of its duration is perpetual.THIRD: The purpose or purposes for which the corporation is organized are:(a)Primarily, _______________________________________________________ ___________________________________. (b) To buy, sell, own, trade, and otherwise handle and deal in, either as principal or agent, and upon commission or otherwise, all kinds of personal and real property whatsoever, and to render services of all kinds and descriptions.(c) To transact any and all lawful business for which corporations may be incorporated under the Alabama Business Corporation Act.FOURTH: The aggregate number of shares which the corporation shall have authority to issue is 100 shares of common stock of par value of $1.00 each, being $100.00 authorized capital stock. All of said stock shall be common stock and none shall be preferred stock or stock of a different class. FIFTH: Provisions for the regulations of the internal affairs of the corporation are:(a) No shareholder of the corporation shall have the pre-emptive right to purchase any number or proportion of shares of any issuance by the corporation of any class of shares.(b) The corporation shall have the right to purchase, take, receive, or otherwise acquire, hold, own, pledge, and transfer or otherwise dispose of its own shares, to the extent of its unreserved and unrestricted capital surplus available therefor.(c) The initial By-Laws of the corporation shall be adopted by the shareholders. The power to alter, amend, or repeal the By-Laws or adopt new By-Laws shall be vested in the Board of Directors, provided, however, that the Board of Directors may not alter, amend, or repeal any By-Law establishing what constitutes a quorum at shareholders' meetings.(d) The Board of Directors may from time to time distribute to the shareholders out of the capital surplus of the corporation a portion of the corporation's assets, in cash or property, in the manner prescribed by and subject to the limitations imposed by the Alabama Business Corporation Act.SIXTH: The address of the initial registered office of the corporation is : ________________ __________________________________________, and the name of the initial registered agent at such address is ___________________________. SEVENTH: The number of directors constituting the initial Board of Directors of the corporation is __________ (__). The names and addresses of the persons who are to serve as directors until the first annual meeting of the shareholders or until their successors are elected and shall qualify are: Name Address _____________________ _______________________________________________________________________________________________________________________________________________________________________________________________________________________________EIGHTH: The name and address of the incorporator is: _____________________ ________________________________________Dated this ___ day of __________________ _______. _________________________By_________________________ President

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