What is another term for article of incorporation?

The term "charter" is an appropriate synonym for "article of incorporation." When a company is formed, its articles of incorporation serve as the foundational document that establishes the existence of the corporation in the eyes of the law. This document outlines key details such as the corporation's name, purpose, and structure. Similarly, a charter is a legal document that grants the rights and privileges of incorporation, essentially serving the same function as the articles of incorporation by formally recognizing an entity as a corporation.

Understanding this term is crucial for administrators in the context of legal and regulatory compliance, as it plays a fundamental role in the formation and operation of a corporation within the residential care and assisted living sectors. Knowing the terminology and legal framework helps ensure that an administrator can effectively navigate the legal requirements necessary for operating a residential care facility.