Change Class Of Shares In Sacramento
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FAQ
Changing officers of a corporation involves filing the articles of incorporation while adhering to California state codes. Directors add officers formally at an annual directors meeting but can do so at any time within the scope of the bylaws.
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.
This process is most commonly referred to as a 'redesignation', 'reclassification', or 'renaming' of shares. It involves converting issued shares from their existing class, i.e. 'type' or 'classification', to a different one.
You can also submit a change of address by submitting a signed written request by mail or fax at (916) 653-7625 that includes: your old and new address, your new telephone numbers, your Safe at Home four-digit Authorization ID number, the effective date of the change, your name, and your signature.
To change the name of a domestic (formed in California) stock corporation, the corporation must file a Certificate of Amendment of Articles of Incorporation that meets the requirements of California Corporations Code sections 173, 193 and 900-908.
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.
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.
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.
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.
