California Proposal to amend the articles of incorporation to increase authorized common stock and eliminate par value with amendment
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How to fill out Proposal To Amend The Articles Of Incorporation To Increase Authorized Common Stock And Eliminate Par Value With Amendment?
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FAQ
Constitution and articles of association You'll need agreement from your shareholders before changing your company's articles of association - the rules about how your company is run. This can include changes to your company's 'objects' - what your company does as a business.
The Articles of Amendment, also sometimes called a Certificate of Amendment, is a document filed with your state of incorporation (or any states in which your company has foreign qualified to transact business), to enact a specific change to the information included in your company's incorporation or qualification ...
Probably the two most common reasons for amending the Articles are to effect: a change of the name, and. a change of the purpose statement.
Articles of Incorporation must be amended to alert the state to major changes. Changes that qualify for state notification include changes to: address. company name.
Company can alter its Article by way of addition, deletion, modification, substitution, or in any other way, only if it wants.
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.
Following Procedure is to be followed Convene a Meeting of Board of Directors [As per Section 173 & Secretarial Standard (SS-1)] ... Convene General Meeting [Section 96, 100 and Secretarial Standard (SS-2)] ... Filing of Form MGT-14 with ROC [Section 117] ... Alteration of Articles to be noted in every copy [Section 15(1)]
Within the articles of incorporation, you will need to list the name of your corporation, describe the operations of the business, include an agent for service, and mention if your corporation will issue stock.