Guam Proposal to amend the restated articles of incorporation to create a second class of common stock

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US-CC-3-189M
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This sample form, a detailed Proposal to Amend the Restated Articles of Incorporation to Create a Second Class of Common Stock 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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  • Preview Proposal to amend the restated articles of incorporation to create a second class of common stock
  • Preview Proposal to amend the restated articles of incorporation to create a second class of common stock
  • Preview Proposal to amend the restated articles of incorporation to create a second class of common stock
  • Preview Proposal to amend the restated articles of incorporation to create a second class of common stock
  • Preview Proposal to amend the restated articles of incorporation to create a second class of common stock
  • Preview Proposal to amend the restated articles of incorporation to create a second class of common stock
  • Preview Proposal to amend the restated articles of incorporation to create a second class of common stock
  • Preview Proposal to amend the restated articles of incorporation to create a second class of common stock

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FAQ

The Guam Business Corporation Act (the "Guam Act") updates Guam's general corporation laws, creating uniformity with the corporate laws of other jurisdictions, while tailoring certain statutes to accomplish Guam's long-standing objective to attract off-island interest and facilitate investment in local businesses.

An amendment is a change or addition to the terms of a contract or document. An amendment is often an addition or correction that leaves the original document substantially intact. Other times an amendment can strike the original text entirely and substitute it with new language.

Articles of incorporation (the ?articles) is the document filed with a state to create a corporation. Most states ask for only basic information about the corporation, but some require more information than others. All states require an in-state registered agent.

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.

The process of amending a corporation's articles is typically done through a special resolution. This can be achieved by a resolution approved by no less than two-thirds of the votes cast at a meeting of shareholders, or by a written resolution signed by all eligible shareholders.

Changes to the number of stocks or how the stocks are valued would also necessitate a change to the articles of incorporation. The most common reason that businesses need to change their articles of incorporation, however, is that there has been a change in personnel for the business.

Articles of Amendment are filed when your business needs to add to, change or otherwise update the information you originally provided in your Articles of Incorporation or Articles of Organization.

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.

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Guam Proposal to amend the restated articles of incorporation to create a second class of common stock