The Delaware Affidavit of Name Change (Of Corporation) is a legal document that allows a corporation registered in the state of Delaware to officially change its name. This affidavit is essential in situations where a corporation decides to rebrand, consolidate, merge with another entity, alter its legal identity, or for any other reason that requires a name modification. The Delaware Affidavit of Name Change (Of Corporation) serves as a legal proof of the name change and must be filed with the Delaware Division of Corporations to update the official records. It ensures that the updated name is recognized and reflects accurately in all legal documents, contracts, licenses, and other official records maintained by the state. Filing an Affidavit of Name Change helps maintain transparency and clarity in business operations. It also helps avoid confusion among customers, partners, investors, and authorities by ensuring that the new name is properly recorded and acknowledged by the relevant authorities. There are different types of Delaware Affidavit of Name Change (Of Corporation) based on the specific circumstances and requirements of the corporation. Some common types include: 1. Voluntary Name Change: This type of affidavit is used when a corporation decides to change its name willingly without any external factors or obligations. It may be due to rebranding, market positioning, or strategic business decisions. 2. Involuntary Name Change: An involuntary name change occurs when external factors like legal disputes, trademark conflicts, or regulatory requirements compel a corporation to alter its name. In such cases, the corporation is legally obligated to file the affidavit and undergo the necessary procedures. 3. Merger or Acquisition Name Change: When corporations merge or one entity acquires another, it often results in a change in overall branding or naming strategy. The Delaware Affidavit of Name Change is necessary to reflect this alteration and ensure legal compliance. 4. Consolidation Name Change: Similar to a merger or acquisition, consolidation occurs when multiple entities combine to form a new corporation. In this case, a name change is necessary to represent the newly formed entity, and the affidavit must be submitted with the relevant information. 5. Change of Legal Structure Name Change: If a corporation decides to change its legal structure, such as converting from a C-corporation to an LLC, a change in its name frequently follows. Filing an affidavit is crucial to update the records and formalize the change in legal status. It is important to consult legal professionals or the Delaware Division of Corporations to determine the precise requirements, procedures, and specific type of affidavit needed for a name change. By accurately completing and filing the Delaware Affidavit of Name Change (Of Corporation), corporations can ensure compliance with the state's regulations and maintain legitimacy in their new name.
Delaware Affidavit of Name Change (Of Corporation)
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How to fill out Delaware Affidavit Of Name Change (Of Corporation)?
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For an already existing Delaware company, the consent form gives permission to the new entity to register the new company with the same name (only the corporate ending would be different).
Filing fees range from $100 to $500, though most entities are charged a standard $200 to file a certificate of amendment. Here's a cost breakdown by entity type: Stock corporation: $194 (plus $9 for each additional page) Nonstock corporation: $194 (plus $9 for each additional page)
To complete a business name change in Delaware, you'll need to file a Certificate of Amendment for an LLC or Certificate of Amendment of Certificate of Incorporation for a corporation.
To change the name of your LLC or corporation, you will need to file ?Articles of Amendment? with your state. Once approved, you can start operating under the new name.
Delaware corporate name The name must be distinguishable from those of other corporations organized, reserved or registered as a foreign corporation under the laws of Delaware. Use of words "Bank," "Banc," "Banque" and "Trust" need approval from the Department of Banking.
Section 242 of the DGCL governs the procedures by which a corporation may amend its certificate of corporation, or charter, and generally requires approval by (a) the board of directors and (b) holders of a majority in voting power of the outstanding stock entitled to vote thereon and by the holders of a majority in ...
To make amendments to your Delaware Stock Corporation, you submit the completed State of Delaware Certificate of Amendment of Certificate of Incorporation form to the Department of State by mail, fax or in person, along with the filing fee and the Filing Cover Memo. Non-stock corporations use a separate amendment form.
