Form ARTS-CL Articles of Incorporation of a Close Corporation - California

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Form ARTS-CL Articles of Incorporation of a Close Corporation - California

What Is Form ARTS-CL?

This is a legal form that was released by the California Secretary of State - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form ARTS-CL?
A: Form ARTS-CL is the Articles of Incorporation for a Close Corporation in California.

Q: What is a Close Corporation?
A: A Close Corporation is a type of corporation that is owned and operated by a small number of shareholders.

Q: How do I complete Form ARTS-CL?
A: You need to provide basic information about the corporation, such as its name, address, purpose, and the names of the initial shareholders.

Q: Do I have to file Form ARTS-CL?
A: Yes, if you want to form a Close Corporation in California, you must file Form ARTS-CL with the California Secretary of State.

Q: What are the requirements to form a Close Corporation in California?
A: To form a Close Corporation in California, you must have at least one shareholder, directors are not required, and the corporation's articles of incorporation must include the specified provisions for a Close Corporation.

Q: Can a Close Corporation have more than one class of stock?
A: No, a Close Corporation is limited to one class of stock.

Q: What is the main advantage of a Close Corporation?
A: The main advantage of a Close Corporation is that it provides a more flexible and informal structure compared to a regular corporation.

Q: Can a Close Corporation convert to a regular corporation?
A: Yes, a Close Corporation can convert to a regular corporation by filing a Certificate of Conversion with the California Secretary of State.

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Form Details:

  • Released on July 1, 2022;
  • The latest edition provided by the California Secretary of State;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form ARTS-CL by clicking the link below or browse more documents and templates provided by the California Secretary of State.

Download Form ARTS-CL Articles of Incorporation of a Close Corporation - California

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