Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Change Class Of Shares In California
State:
Multi-State
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
However, you may need to modify this document a few times as your LLC grows and evolves. This process is known as amending. In California, to amend the Articles of Organization, you need to file Articles of Amendment with the state — paperwork that includes the changes you wish to introduce and the reasons behind them.
It encompasses two commonly used terms: A revision is a change in something that exists, such as increasing the number of participants. An amendment adds something new, such as a person who will obtain informed consent.
Restated Articles of Incorporation is a business document that consolidates amendments to a corporation's Articles of Incorporation into one convenient place. Restated Articles of Incorporation aren't required for a corporation to be active with the state, but they can help keep track of business changes.
Changes to information contained in a previously filed statement can be made by filing a new form, completed in its entirety. Statutory filing provisions are found in California Corporations Code section 17060, unless otherwise indicated.
Once a corporation files the Articles of Amendment, and the state accepts the filing, the corporation now has Amended Articles of Incorporation. Contrast that with Restated Articles of Incorporation, which a corporation files after an amendment or two is on file with the state.
To update your California LLC's Articles of Organization—the document that legally formed your company in California—you'll file an Amendment to Articles of Organization with the California Secretary of State.
“Amended” means that the document has “changed”– that someone has revised the document. “Restated” means “presented in its entirety”, — as a single, complete document. ingly, “amended and restated” means a complete document into which one or more changes have been incorporated.
When you amend your Articles of Organization, the public record will show your original Articles of Organization and the amendment. When you restate your Articles, your original California Articles of Organization will be completely replaced by the Restated Articles.
Generally, any time you change information reported in your initial formation documents, you will need to file an amendment to those documents. The formation documents for an LLC are Articles of Organization, and the formation documents for a corporation are Articles of Incorporation.
To amend (change, add or delete) provisions contained in the Articles of Incorporation, it is necessary to prepare and file with the California Secretary of State a Certificate of Amendment of Articles of Incorporation in compliance with California Corporations Code sections 900-910.