Arkansas Proposal to amend certificate of incorporation to authorize a preferred stock
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How to fill out Proposal To Amend Certificate Of Incorporation To Authorize A Preferred Stock?
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It will take approximately eight to ten working days to process the application. The permit will be mailed to the address listed on the application. The application form, ?Application for Arkansas Business Permit,? is available online at: .
NON-AMENDABLE ITEMS Names of incorporators; Names of original subscribers to the capital stock of the corporation and their subscribed and paid up capital; Names of the original directors; Treasurer elected by the original subscribers; Members who contributed to the initial capital of the non?stock corporation; or.
An amendment to your corporation's Articles of Incorporation is filed when you need to update, add to, or otherwise change the original content of your articles. Amendments are important corporate filings as they are required to modify essential corporate information, such as changes to stock information.
Corporation defined. - A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence.
Generic Procedure Plan to Amend a Company's Articles Firstly, the directors must convene a board meeting and provide appropriate notice. The director must obtain a quorum to approve the proposal and submit a resolution to the shareholders to amend the company's articles.
The Division completes most filings such as articles of incorporation, amendments, mergers or dissolutions within two business days of receipt.
(a) The total indebtedness to any state bank of any person shall at no time exceed twenty percent (20%) of the capital base of the bank.
Filing instruments affecting title or interest in real property. (B) Procuring money or value from the true owner, lessee, or assignee to clear the instrument from the records of the office of the recorder. (b) Any person violating a provision of subsection (a) of this section is guilty of a Class A misdemeanor.