The Articles of Incorporation May Only Be in an Oral Agreement

As a professional, it is my duty to inform you that the statement „the articles of incorporation may only be in an oral agreement“ is not accurate.

Articles of Incorporation are legal documents that establish a corporation as a separate legal entity. These documents are filed with the Secretary of State in the state where the corporation is formed. The articles of incorporation typically include the corporation`s name, purpose, duration, and the number and type of shares of stock that may be issued.

Furthermore, the articles of incorporation must be in writing. Oral agreements are not sufficient to meet the requirements of the law. In fact, most states require specific language and information to be included in the articles of incorporation.

It is important to note that the articles of incorporation are not the same as the bylaws of a corporation. Bylaws are internal rules and regulations that govern the operation of the corporation. Bylaws can be in written or oral form, but it is recommended that they be in writing for clarity and legal purposes.

In summary, the articles of incorporation must be in writing and cannot be in an oral agreement. It is important to consult with a legal professional to ensure that your articles of incorporation comply with state laws and regulations. As a professional, I advise that any article regarding legal matters be thoroughly researched and accurate to avoid any misinformation or confusion among readers.