Which of the following is NOT required in the Articles of Incorporation?

The Articles of Incorporation are foundational documents required for the creation of a corporation and typically include essential information about the entity. Among the critical elements that must be stated in these documents are the name of the corporation, which establishes its legal identity; its purpose, which outlines the goals and activities the corporation intends to engage in; and the term of existence, which indicates how long the corporation intends to operate (which can be perpetual or for a specified period).

However, the details of all shareholders are not mandatory in the Articles of Incorporation. This information is often recorded in the corporation's bylaws or in a separate registry of shareholders maintained by the corporation, rather than being required as part of the Articles of Incorporation. This allows for flexibility and privacy regarding ownership, as the Articles of Incorporation are public documents. Thus, while naming the corporation, stating its purpose, and the term of existence are required, specific details about shareholders are not necessary.