Articles of Incorporation

The document filed with the director appointed under the CBCA or similar provincial government officials under corporate statutes modelled after the CBCA to create a corporation. They must be filed in the form required under the Act (Form 1), along with an Initial Registered Office Address and First Board of Directors (Form 2). They set out the fundamental characteristics of the corporation; for example, its name, the class and number of shares authorized to be issued, any restrictions on transferring shares, and any restrictions on the business the corporation may carry on. Once the director issues a certificate to which the articles are attached, a corporation with the characteristics set out in the articles comes into existence.