• Incorporators must deliver the Artilces of Incorporation, along with the required processing fees, to the Oklahoma Secretary of State. Once the instrument is officially filed, the business begins its existence, as a separate legal entity.  Also, any instrument may specify that it will not become effective for a period of up to ninety days after filing. 
• First, choose the name of your corporation. The name must be clearly different from the name of another business. So, at no extra charge, Proactive Management will perform three name searches to determine if your desired name(s) are available. 
• This name must also include one of the following phrases: "association," "corporation," "company," "incorporated," "club," "foundation," "fund," "institute," "society," "union," "syndicate," or "limited" or end with an abbreviation of one of the preceding words   
• The Articles of Incorporation will address:
  • Name and place of residence, and signatures for each incorporator 
  • Street address and county of the registered office, which is open during regular business hours, and the name of the registered agent required to be at such office. The registered office can be the same as the corporation's place of business and the registered agent can be an officer/owner of the corporation. 
  • The purpose of the company, which can be to engage in any lawful activity or act allowed under genreral corporation law in Oklahoma.  Corporations constructing, maintaining, or operating a public utility are subject to additional requirements.
  • If the powers of the incorporators are going to terminate upon filing, include the names, addresses, and signatures of the members of the first board of directors
  • The following provisions are not mandatory but are a few of the additional items which may be included in the Articles
    • A statement of the preferences, qualifications, limitations, restrictions, and the special or relative rights including convertible rights, if any, in respect of the shares of each class 
    • A provision limiting the duration of the company until a specific date; otherwise the business is perpetual.
• State incorporation fees vary based on the total par value of all authorized shares

Disclaimer - Not Providing Legal Services - Proactive Management, Inc. presents the material on this site as general information only. It is not offered as and does not constitute legal advice or legal opinion and should not serve as a substitute for advice from an attorney or accountant familiar with the facts of your specific situation. We provide business formation services. We are not a law firm and do not provide legal or tax advice or services. We make no warranty, express or implied concerning the accuracy or reliability of the content at this site or at other sites to which we link.