Amendment Name Change For Business

• Category: Corporations - Public - Limited Partnerships
• State: Multi-State
• Control #: US-CC-10-103
• Format: Word; Rich Text

Description

The Amendment Name Change for Business form is designed for corporations seeking to modify their official name in a manner that aligns with strategic business changes. This form facilitates the amendment of the Certificate of Incorporation, as illustrated in the provided document where a company proposes to change its name to Core Technologies (Pennsylvania), Inc. Key features include the requirement for approval by a majority of stockholders during an annual meeting and the board's recommendation for approval. It highlights that existing stock certificates do not need to be exchanged if the name change is accepted. Additionally, it outlines that the board has the authority to abandon the name change if deemed in the best interest of the company. This form is particularly useful for attorneys, partners, and business owners involved in corporate governance, as they need to navigate the legal processes of name changes. Paralegals and legal assistants can utilize this document to support their work with corporations undergoing structural changes, ensuring compliance with state regulations. Overall, this form streamlines the procedural requirements for businesses rebranding or restructuring, making it an essential tool for maintaining updated records and communication with stakeholders.