Articles of Incorporation
Articles of Incorporation are the legal documents which must be filed in order to register a business entity with the Secretary of State in North Carolina. Our Property Owners Association is incorporated and considered a nonprofit. Our Articles of Incorporation were filed with the NC Secretary of State in 1991.
Bylaws are considered the operating manual for a nonprofit organization. They consist of:
Duties and roles of officers and directors
Rules regarding how the board of directors will function and its size limit
Rules regarding the procedures for electing directors, holding meetings, and appointing officers
Other relevant corporate governance issues