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Non-Stock Corporation Articles & By-Laws

This document outlines the articles of incorporation for a non-stock corporation. It specifies the corporation's name, principal office location, term of existence, names and details of incorporators and first trustees. It also states that no corporate income can be distributed as dividends and that any profits will be used to further the corporation's purposes. The incorporators agree to change the corporate name if directed to by regulatory authorities.

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11 views4 pages

Non-Stock Corporation Articles & By-Laws

This document outlines the articles of incorporation for a non-stock corporation. It specifies the corporation's name, principal office location, term of existence, names and details of incorporators and first trustees. It also states that no corporate income can be distributed as dividends and that any profits will be used to further the corporation's purposes. The incorporators agree to change the corporate name if directed to by regulatory authorities.

Uploaded by

hypholaphamus
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

ARTICLES OF INCORPORATION AND BY-LAWS – NON STOCK CORPORATION

Articles of Incorporation

Of

(Name of the Corporation)

KNOW ALL MEN BY THESE PRESENTS:

AND WE HEREBYCERTIFY:

FIRST: That the name of said corporation shall be


_________________________________________________________________________________________________

SECOND: That the purpose/s for which such corporation are incorporated:

THIRD: That the principal office of the corporation is located in


_________________________________________________________________________________________________

FOURTH: That the term for which said corporation is to exist is


__________________ years from and after the date of issuance of the certificate of
incorporation;

FIFTH: That the names, nationalities and residences of the incorporators are
as follows:

NAME NATIONALITY RESIDENCE


SIXTH: That the number of trustees of the corporation shall be _______________;
and the names, nationalities and residences of the first trustees of the corporation
are as follows:

NAME NATIONALITY RESIDENCE


SEVENTH: That the total contribution of the corporations is
________________________________________________________________________________________________.

EIGHTH: That ______________________________________has been elected by the


members as Treasurer of the corporation to act as such until his successor is duly
elected and qualified in accordance with the by-laws, and that as such Treasurer, he
has been authorized to receive for and in the name and for the benefit of the
corporation, all contributions or donations paid or given by the members.

NINTH: That no part of its income is distributable as dividends to its


members, trustees or officers subject to the provisions of the Corporation Code of
the Philippines on dissolution. Provided, That any profit obtained by the association
as an incident to its operation shall, whenever necessary or proper shall be used for
the furtherance of the purposes enumerated in Article II, subject to the provision of
Title XI of the Corporation Code of the Philippines.

TENTH: That the incorporators and trustees undertake to change the name
of the corporation as herein provided, or as amended thereafter, immediately upon
receipt of notice or directive from the Securities and Exchange Commission that
another corporation, partnership or person has acquired a prior right to the use of
that name or that the name has been declared as misleading, deceptive, confusingly
similar to a registered name or contrary to public morals, good custom or public
policy.

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