Charter definition: Copy, customize, and use instantly
Introduction
The term "Charter" refers to a foundational legal document that defines the creation and structure of a corporation, organization, or entity. It outlines the rights, responsibilities, and governance frameworks, often serving as a guiding document for its operations. A Charter is essential for clarifying the organizational purpose and the powers granted to its members.
Below are various examples of how "Charter" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Charter" for corporate formation
This definition ties "Charter" to the formation of a corporation.
"Charter" means the legal document that establishes the creation of a corporation, including its name, purpose, and governance structure, as filed with the appropriate authorities.
Definition of "Charter" for organizational structure
This definition connects "Charter" to the organizational structure.
"Charter" refers to the foundational document that defines the organizational structure, powers, and duties of a corporation or organization, as agreed upon by its members.
Definition of "Charter" for articles of incorporation
This definition links "Charter" to the Articles of Incorporation.
"Charter" means the Articles of Incorporation filed with the Secretary of State that legally establish the corporation's existence, detailing its structure, purpose, and authority.
Definition of "Charter" for nonprofit organizations
This definition applies "Charter" to nonprofit organizations.
"Charter" refers to the formal document that establishes a nonprofit organization, including its mission, governance policies, and legal status under applicable laws.
Definition of "Charter" for governance framework
This definition ties "Charter" to governance frameworks.
"Charter" means the document that outlines the governance structure of a corporation or organization, including the roles of its officers, directors, and members, and their responsibilities.
Definition of "Charter" for issuance of stock
This definition connects "Charter" to stock issuance.
"Charter" refers to the legal document that includes provisions governing the issuance of stock, the rights of shareholders, and the corporation’s stock structure.
Definition of "Charter" for founding members
This definition links "Charter" to founding members.
"Charter" means the document that defines the rights and duties of the founding members of an entity, as well as the operational guidelines for its formation and operation.
Definition of "Charter" for corporation's purpose
This definition applies "Charter" to a corporation's purpose.
"Charter" refers to the document that specifies the purpose of the corporation, including the business activities it is authorized to undertake and its operational goals.
Definition of "Charter" for membership guidelines
This definition connects "Charter" to membership guidelines.
"Charter" means the document that establishes the requirements and procedures for admitting new members to an organization or corporation, including rights and obligations.
Definition of "Charter" for organizational objectives
This definition links "Charter" to organizational objectives.
"Charter" refers to the legal document that outlines the objectives and mission of an organization, setting the direction for its future activities and goals.
Definition of "Charter" for amendment procedures
This definition ties "Charter" to amendment procedures.
"Charter" means the foundational document that includes the procedures for amending the organization's or corporation's governing rules, purpose, or structure.
Definition of "Charter" for by-laws integration
This definition connects "Charter" to by-laws.
"Charter" refers to the document that may incorporate or reference the by-laws of an organization, detailing how the organization is governed in conjunction with its operational policies.
Definition of "Charter" for board of directors
This definition links "Charter" to the board of directors.
"Charter" means the legal document that defines the powers, duties, and roles of the board of directors within a corporation, ensuring the proper governance of the entity.
Definition of "Charter" for entity's legal status
This definition applies "Charter" to an entity’s legal status.
"Charter" refers to the document that grants legal recognition to an entity, establishing its status under the law as a corporation, nonprofit, or other legal entity.
Definition of "Charter" for corporate powers
This definition ties "Charter" to corporate powers.
"Charter" means the document that defines the specific powers granted to the corporation, including the authority to enter contracts, borrow money, and other corporate activities.
Definition of "Charter" for liability limitations
This definition connects "Charter" to liability limitations.
"Charter" refers to the document that may include provisions limiting the liability of directors, officers, and shareholders in the event of corporate debts or legal actions.
Definition of "Charter" for corporate name
This definition links "Charter" to the corporate name.
"Charter" means the document that specifies the official name of the corporation, as registered with the relevant government authorities.
Definition of "Charter" for tax-exempt status
This definition applies "Charter" to tax-exempt status.
"Charter" refers to the document that may grant a nonprofit organization tax-exempt status, outlining the conditions and eligibility criteria for such status.
Definition of "Charter" for corporate activities
This definition ties "Charter" to corporate activities.
"Charter" means the legal document that specifies the types of business activities a corporation is authorized to engage in, within the scope of its mission or purpose.
Definition of "Charter" for partnership formation
This definition connects "Charter" to partnership formation.
"Charter" refers to the foundational document used to establish a partnership, outlining the roles, contributions, and expectations of each partner in the entity.
Definition of "Charter" for franchise operations
This definition links "Charter" to franchise operations.
"Charter" means the document that establishes the terms and conditions under which a franchise operates, including territorial rights, royalty fees, and franchisee obligations.
Definition of "Charter" for organizational purpose
This definition applies "Charter" to organizational purpose.
"Charter" refers to the legal document that defines the central purpose of an organization, outlining its intended activities, charitable goals, or business operations.
Definition of "Charter" for dissolution procedures
This definition ties "Charter" to dissolution procedures.
"Charter" means the document that sets forth the procedures for the dissolution of the corporation or entity, including the distribution of assets and liabilities upon dissolution.
Definition of "Charter" for corporate tax provisions
This definition connects "Charter" to corporate tax provisions.
"Charter" refers to the document that includes provisions related to the tax status of the corporation, including eligibility for specific tax benefits or exemptions.
Definition of "Charter" for management authority
This definition links "Charter" to management authority.
"Charter" means the document that grants authority to the corporation's managers or executives, specifying the scope of their powers and duties.
Definition of "Charter" for board approval
This definition applies "Charter" to board approval.
"Charter" refers to the document that requires approval by the board of directors for certain corporate actions, including amendments to the corporate structure or bylaws.
Definition of "Charter" for shareholder rights
This definition ties "Charter" to shareholder rights.
"Charter" means the document that defines the rights of shareholders in a corporation, including voting rights, dividend entitlements, and other shareholder protections.
Definition of "Charter" for founding document
This definition connects "Charter" to founding documents.
"Charter" refers to the founding document that establishes the existence of a corporation, outlining its creation, purpose, and the initial terms agreed upon by the founders.
Definition of "Charter" for organizational reorganization
This definition links "Charter" to organizational reorganization.
"Charter" means the document that governs the reorganization of a corporation or entity, outlining the steps and approval procedures for structural changes.
Definition of "Charter" for corporate reporting
This definition applies "Charter" to corporate reporting.
"Charter" refers to the document that may establish the corporation's reporting requirements, including financial disclosures, governance updates, and compliance with relevant laws.
Definition of "Charter" for legal compliance
This definition ties "Charter" to legal compliance.
"Charter" means the foundational document that ensures the corporation's compliance with legal requirements and regulations applicable to its operations.
Definition of "Charter" for financial obligations
This definition connects "Charter" to financial obligations.
"Charter" refers to the document that outlines the corporation’s financial obligations, including its duties to creditors, shareholders, and other stakeholders.
Definition of "Charter" for corporate amendment process
This definition links "Charter" to the corporate amendment process.
"Charter" means the document that specifies the process and requirements for amending the corporation’s governing documents, including the approval process by the board or shareholders.
Definition of "Charter" for member contributions
This definition applies "Charter" to member contributions.
"Charter" refers to the document that defines the financial contributions and obligations of members, including capital contributions or membership fees.
Definition of "Charter" for investment structure
This definition ties "Charter" to the investment structure.
"Charter" means the legal document that establishes the investment structure of the corporation, including the distribution of profits, shareholder equity, and dividends.
Definition of "Charter" for Tex-exempt entity
This definition connects "Charter" to a tax-exempt entity.
"Charter" refers to the document that formally recognizes the tax-exempt status of an organization, including the criteria and qualifications for maintaining this status.
Definition of "Charter" for member rights
This definition links "Charter" to member rights.
"Charter" means the document that defines the rights of members, including voting rights, profit-sharing, and participation in decision-making processes within the organization.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.