Certificate of Incorporation

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  1. The certificate of incorporation shall set forth:
    1. The name of the authority;
    2. A recital that permission to organize the authority has been granted by resolution duly adopted by the governing body of the associated municipality and the date of the adoption of the resolution;
    3. The location of the principal office of the authority;
    4. The purposes for which the authority is proposed to be organized;
    5. The number of directors of the authority;
    6. The period for the duration of the authority, if other than perpetual; and
    7. Any other matter that the governing body of the associated municipality may choose to insert in the certificate of incorporation, which shall not be inconsistent with this chapter or with the laws of this state. It shall not be necessary to set forth in the certificate of incorporation the powers enumerated in this chapter.
  2. The certificate of incorporation shall be acknowledged by the mayor of the associated municipality or other person authorized by the resolution described in § 7-36-103 before an officer authorized by the laws of this state to take acknowledgments of deeds.


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