North Dakota Amendment of Articles to Expand Indemnification of Agents

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US-CC-17-189-NE
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This sample form, a detailed Amendment of Articles to Expand Indemnification of Agents, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.

North Dakota Amendment of Articles to Expand Indemnification of Agents is a legal provision that enhances the protections provided to agents and officers of a company or organization. This amendment aims to expand the scope and extent of indemnification for agents, thereby reducing potential liabilities and ensuring their continued service without undue concern. One type of North Dakota Amendment of Articles to Expand Indemnification of Agents focuses on broadening the indemnification coverage for agents. This means that the amendment is aimed at providing comprehensive protection to agents and officers by expanding the circumstances under which they can be indemnified. This amendment typically enables agents to seek indemnification for legal expenses, damages, and liabilities incurred in the course of their duties. Another type of North Dakota Amendment of Articles to Expand Indemnification of Agents pertains to the expansion of the entity's financial resources available for indemnification. It ensures that the organization has sufficient funds to fulfill its indemnification obligations towards its agents. This amendment may require the company to maintain appropriate insurance coverage or establish dedicated reserves to cover potential indemnification costs. Keywords: North Dakota, Amendment of Articles, Expand Indemnification of Agents, legal provision, enhancements, protections, agents, officers, scope, extent, indemnification, liabilities, service, comprehensive protection, circumstances, legal expenses, damages, financial resources, organization, insurance coverage, reserves.

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If you want to change the name of your North Dakota LLC, you have to go through the legal process that North Dakota implements. Submit an amendment to the Secretary of State to let them know about your plan to change the company name. Then, update the name of your company on all legal records with the government.

Hear this out loud PauseThe difference between LLC and PC is straightforward. A limited liability company (LLC) combines the tax benefits of a partnership and the limited liability protection of a corporation. A professional corporation (PC) is organized ing to the laws of the state where the professional is licensed to practice.

Hear this out loud PauseThe professional corporation or PLLC's sole purpose must be to provide the services of the licensed professionals, such as providing legal or medical services. In addition to the standard state-naming requirements, the name must clearly indicate that it is a professional corporation or PLLC.

North Dakota LLC Cost. Starting an LLC in North Dakota will cost $135. Your state annual report will cost $50, but since that's a once-a-year fee, you can budget for that later. Basically you can start an LLC in North Dakota for under two hundred bucks, and that's pretty awesome.

A professional corporation may render: One specific type of professional service and services ancillary thereto; or. Two or more kinds of professional services that are specifically authorized to be practiced in combination under North Dakota's licensing laws of each of the professional services to be rendered.

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"Articles" means: a. In the case of a corporation incorporated under or governed by this chapter, articles of incorporation, articles of amendment, a resolution ... The articles or bylaws may prohibit indemnification or advances of expenses ... in or filling in forms. You can set your browser to block or alert you about ...North Dakota business, farm, and professional LLCs may amend their Articles of Organization as provided in North Dakota Century Code, Chapter 10-32.1. To amend its articles of organization, a limited liability company must file with the secretary of state an amendment stating: a. The name of the company; b ... North Dakota business, farm, and professional LLCs may amend their Articles ... complete address in North Dakota which may not be only a post office box. Do ... The Burlington Coat Factory of South Dakota, LLC operating agreement provides for the indemnification ... Articles of Organization of Burlington Coat Factory of ... THIS AMENDED AND RESTATED OPERATING AGREEMENT (this “Agreement”) of PSJ Acquisition, LLC, a North Dakota limited liability company (the “Company”), is entered ... 51A-3-22. Amendment of articles of incorporation--Changes requiring approval of director--Filing of amendments. Mar 1, 2023 — Complete the Articles of Incorporation for your business using our easy online forms. Quickly print or download for free. by JP Fershee · 2008 · Cited by 17 — 2004) (explaining that, to form a corpo- ration, the incorporator(s) must file “the articles of incorporation (sometimes called a charter or.

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North Dakota Amendment of Articles to Expand Indemnification of Agents