Amendment To Certificate Of Incorporation

• Category: Corporations - Public - Changes Affecting Capital Stock
• State: Multi-State
• Control #: US-CC-3-188G
• Format: Word; Rich Text

Description

The Amendment to Certificate of Incorporation provides a mechanism for a corporation, under Oklahoma law, to combine and update its existing certificate while allowing for amendments following shareholder approval. This form outlines crucial changes, including the authorization to issue 45 million shares of Class A Common Stock and the implementation of a one-for-two thousand reverse stock split. Key features of the form include its role in protecting the company's federal income tax net operating loss carryforwards by restricting stock transfers that could trigger ownership changes. For effective completion, it requires attention to shareholder voting processes and documentation of amendments. The form is particularly useful for attorneys, partners, and corporate officers involved in corporate governance, as it ensures compliance with legal standards while structuring the company’s equity. Paralegals and legal assistants may find this form important for maintaining accurate corporate records and facilitating shareholder communications. Moreover, it aids in compliance with applicable corporate laws, making it a vital resource for professionals managing corporate formations, reorganizations, and shareholder interests.