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New York Proposal to amend certificate of incorporation to change corporate name

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US-CC-10-103
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This is a Proposal to Amend the Certificate of Incorporation. This particular proposal is used when one wishes to change the name of the corporation.

Title: Understanding the New York Proposal to Amend Certificate of Incorporation for Name Change Introduction: In New York, companies that wish to change their corporate name must undergo a legal process involving a proposal to amend the certificate of incorporation. This article provides a comprehensive overview of what this process entails, highlighting its importance, key steps, and relevant legal frameworks. Additionally, it explores different types of proposals that may surface during the name change process. Key Keywords: New York, Proposal, Amend Certificate of Incorporation, Corporate Name Change. 1. Importance of a Corporate Name: The corporate name plays a vital role in identifying and distinguishing a business entity. It represents its identity, brand image, and legal standing within the market. Companies may need to change their corporate name for various reasons, such as rebranding initiatives, mergers, acquisitions, or to align with their evolving business goals. 2. The Proposal to Amend Certificate of Incorporation: The proposal to amend the certificate of incorporation ensures that a company's new name is legally recognized and appropriately documented. This proposal serves as a formal request to a company's shareholders or board of directors, seeking their approval for changing the corporate name. 3. Key Steps in the Process: a. Preparation and Submission: The company's management prepares a detailed proposal, outlining the reasons for the name change and its potential impact. The proposal is then submitted to relevant stakeholders, such as shareholders or the board of directors. b. Shareholder or Board Approval: The proposal is presented to the shareholders or board members during a formal meeting. A majority vote is usually required to approve the name change. Following the approval, an amendment to the certificate of incorporation is drafted. c. Legal Documentation: The company must file the submitted proposal and the approved certificate of incorporation amendment with the appropriate governing bodies, such as the New York Department of State's Division of Corporations. d. Public Notification: Once the amendment is finalized and approved, the company must ensure that the changed name is officially communicated to all relevant parties, including customers, vendors, financial institutions, and regulatory authorities. 4. Types of New York Proposals to Amend Certificate of Incorporation for a Corporate Name Change: a. Traditional Name Change: This type of proposal aims to change the corporate name entirely, adopting a new name that has not been previously associated with the company. b. Modification or Alteration Proposal: In some cases, companies may opt to modify or alter certain aspects of their existing corporate name while retaining some familiarity or brand recognition. c. Publicly Traded Companies: Companies listed on stock exchanges may be subject to additional regulations and requirements while proposing a name change to ensure transparency and avoid potential confusion in the market. Conclusion: The New York proposal to amend a corporation's certificate of incorporation for a name change is a critical legal process for companies seeking to rebrand or revise their identities. By following the necessary steps and complying with legal obligations, businesses can successfully implement change and establish a fresh corporate image.

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Specific Rules for New York Business Names For example, per the state's BSC Article 3, § 301, the name of a corporation or foreign corporation must "contain the word 'corporation,' 'incorporated' or 'limited,' or an abbreviation of one of such words."

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.

Can you change the New York Corporate officers, directors or shareholders on an amendment? No, the Department of State does not keep track of your corporate officers, directors or shareholders. The New York Department of State considers records of officers as internal records maintained by the entity.

Complete and file the Certificate of Amendment with the Department of State. The completed Certificate of Amendment, together with the statutory filing fee of $60, should be forwarded to: New York Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231.

The first step is to file a form called the Certificate of Amendment with the Department of State and wait for it to be approved. This is how you officially change your LLC name in New York. The filing fee for a Certificate of Amendment in New York is $60.

The name change must be approved by an organization's Board of Directors, or, if applicable, by its members. Pay close attention to bylaws, which may require a supermajority vote for changes to the certificate of incorporation. changing the purpose or other provisions of a certificate of incorporation.

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.

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Complete and file the Certificate of Amendment with the Department of State. The completed Certificate of Amendment, together with the statutory filing fee ... Complete and file the Certificate of Amendment with the Department of State. The completed Certificate of Amendment, together with the $60 filing fee, should be ...Free guide, filing instructions, and forms to file an amendment for corporation articles of incorporation with the New York Department of State. A copy of your original certificate of incorporation and any previously filed amendments. If your corporation does not have specific. To make changes to your certificate of assumed name, you must complete and submit the Certificate of Amendment of Certificate of Assumed Name form. For most ... Customer: Our church in New York City needs to amend its certificate of incorporation to change its name and the names of the trustees. Fill out the articles of amendment of articles of incorporation form with the final changes. The form requires that you give the name of your corporation and ... You can submit a business name change request to DCWP only after you have: Filed a Certificate of Amendment with the New York State Department of State and ... Jul 13, 2023 — The petition must be filled out and signed in front of a Notary Public. You may need additional forms to change a child's name. You may also ... ... business in state upon change to unauthorized name--Amended certificate of authority. ... (5) To change the corporate name by substituting the term, corporation ...

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New York Proposal to amend certificate of incorporation to change corporate name