Florida Amendment to the articles of incorporation to eliminate par value

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Multi-State
Control #:
US-CC-3-243
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Word; 
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This sample form, a detailed Amendment to the Articles of Incorporation to Eliminate Par Value document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

(1) A corporation's board of directors may propose one or more amendments to the articles of incorporation for submission to the shareholders. (b) The shareholders entitled to vote on the amendment must approve the amendment as provided in subsection (5).

Some obvious examples of transactions that would require registration are: Having a physical presence in the state, such as a warehouse, store, or sales representative. Having employees or payroll in Florida.

Section 607.0821 - Action by directors without a meeting (1) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this chapter to be taken at a board of directors' meeting or committee meeting may be taken without a meeting if the action is taken by all members of the board ...

Chapter 607 FLORIDA BUSINESS CORPORATION ACT Entire Chapter. SECTION 1501. Authority of foreign corporation to transact business required; activities not constituting transacting business.

Are bylaws filed with the state of Florida? No. Your corporate bylaws are internal documents, which means they should be kept on file with your business records.

No revocation is effective unless in writing and until received by the corporation at its principal office or received by the corporate secretary or other officer or agent of the corporation having custody of the book in which proceedings of meetings of shareholders are recorded.

607.01401 Definitions. ?As used in this chapter, unless the context otherwise requires, the term: (1) ?Acquired eligible entity? means the domestic or foreign eligible entity that will have all of one or more classes or series of its shares or eligible interests acquired in a share exchange.

A corporation can amend or add as many articles as necessary in one amendment. ? The original incorporators cannot be amended. ? If amending the name of the corporation, the new name must be distinguishable on the records of the Florida Department of State.

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Florida Amendment to the articles of incorporation to eliminate par value