(1) The certificate of incorporation shall set forth: The names and residences of the applicants, together with a recital that each of the applicants meets the qualifications for an incorporator as set forth in § 7-39-103;
(2) The name of the corporation;
(3) A recital that permission to organize the corporation has been granted by resolution duly adopted by the governing body of the municipality and the date of the adoption of the resolution;
(4) The location of the principal office of the corporation;
(5) The purposes for which the corporation is proposed to be organized;
(6) The number of directors of the corporation;
(7) The period for the duration of the corporation, if other than perpetual; and
(8) Any other matter that the applicants may choose to insert in the certificate of incorporation, which shall not be inconsistent with this chapter or with the laws of the state of Tennessee; provided, that it shall not be necessary to set forth in the certificate of incorporation the powers enumerated in this chapter.
(9) The certificate of incorporation shall be subscribed and acknowledged by each of the applicants before an officer authorized by the laws of Tennessee to take acknowledgments to deeds.