Ohio Proposal to amend the articles of incorporation to increase authorized common stock and eliminate par value with amendment

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Multi-State
Control #:
US-CC-3-190B
Format:
Word; 
Rich Text
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This sample form, a detailed Proposal to Amend the Articles of Incorporation to Increase Authorized Common Stock and Eliminate Par Value w/Amendment 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 articles of incorporation to increase authorized common stock and eliminate par value with amendment
  • Preview Proposal to amend the articles of incorporation to increase authorized common stock and eliminate par value with amendment
  • Preview Proposal to amend the articles of incorporation to increase authorized common stock and eliminate par value with amendment
  • Preview Proposal to amend the articles of incorporation to increase authorized common stock and eliminate par value with amendment
  • Preview Proposal to amend the articles of incorporation to increase authorized common stock and eliminate par value with amendment
  • Preview Proposal to amend the articles of incorporation to increase authorized common stock and eliminate par value with amendment

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FAQ

Section 1701.86 | Voluntary dissolution. (A) A corporation may be dissolved voluntarily in the manner provided in this section, provided the provisions of Chapter 1704.

The number of shares represents the authorized shares. The number of authorized shares can be increased by the shareholders of the company at annual shareholder meetings, provided a majority of the current shareholders vote for the change.

In order to change your LLC name, you must file a Certificate of Amendment with the Ohio Secretary of State. This officially updates your legal entity (your Limited Liability Company) on the state records. Note: The Ohio Secretary of State is responsible for LLC formation and administration, including name changes.

To make amendments to your limited liability company in Ohio, you must provide the completed Domestic Limited Liability Company Certificate of Amendment or Restatement form (543a) to the Secretary of State by mail or in person.

Steps to Amend Your Ohio Articles of Incorporation Determine whether you need to change your Ohio AOI. Complete the Ohio Certificate of Amendment. Attach supporting documents to your Ohio amendment. Submit separate filings for Ohio statutory agent changes.

Ohio Revised Code section 1701.591 requires close corporations to have a close corporation agreement. This agreement must be approved by every single shareholder of the company.

An amendment to your corporation's Articles of Incorporation is filed when you need to update, add to, or otherwise change the original content of your articles. Amendments are important corporate filings as they are required to modify essential corporate information, such as changes to stock information.

What Are Ohio Articles of Incorporation? Preparing and filing your articles of incorporation is the first step in starting your business corporation. Approval of this document secures your corporate name and creates the legal entity of the corporation.

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Ohio Proposal to amend the articles of incorporation to increase authorized common stock and eliminate par value with amendment