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Articles of Incorporation (Benefit Corporation) - Utah
Articles of Incorporation (Benefit Corporation) is a legal document that was released by the Utah Department of Commerce - a government authority operating within Utah.
FAQ
Q: What are Articles of Incorporation?
A: Articles of Incorporation are legal documents that need to be filed with the state when creating a corporation.
Q: What is a Benefit Corporation?
A: A Benefit Corporation is a type of corporation that is required to consider the impact of its decisions on society and the environment, in addition to making a profit.
Q: Why would a company choose to be a Benefit Corporation?
A: A company may choose to be a Benefit Corporation if it wants to prioritize social and environmental goals alongside its financial goals.
Q: What information is typically included in the Articles of Incorporation?
A: The Articles of Incorporation typically include the name of the corporation, its purpose, the number of shares it is authorized to issue, and the names and addresses of its initial directors.
Q: Do all states have Benefit Corporation laws?
A: No, not all states have Benefit Corporation laws. Each state has its own laws regarding the creation and operation of Benefit Corporations.
Form Details:
- Released on June 1, 2022;
- The latest edition currently provided by the Utah Department of Commerce;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Utah Department of Commerce.
