North Dakota Approval of amendment to articles of incorporation to permit certain uses of distributions from capital surplus

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Control #:
US-CC-4-188C
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This sample form, a detailed Approval of Amendment to Articles of Incorporation to Permit Certain Uses of Distributions from Capital Surplus 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 Approval of amendment to articles of incorporation to permit certain uses of distributions from capital surplus
  • Preview Approval of amendment to articles of incorporation to permit certain uses of distributions from capital surplus

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FAQ

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.

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 law defines a cooperative as "an association..." incorporated by five or more adults, one of which must be a North Dakota resident. A cooperative is a business like any other business, but in some ways very unique.

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North Dakota Approval of amendment to articles of incorporation to permit certain uses of distributions from capital surplus