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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.
How to Amend Articles of IncorporationReview the bylaws of the corporation.A board of directors meeting must be scheduled.Write the proposed changes.Confirm that the board meeting has enough members attending to have a quorum so the amendment can be voted on.Propose the amendment during the board meeting.More items...
Changing articles of incorporation often means changing things like agent names, the businesses operating name, addresses, and stock information. The most common reason that businesses change the articles of incorporation is to change members' information.
Depending on the state in which the business is incorporated, unanimous agreement from all the shareholders may be required to change the articles of incorporation. Most states have changed this older, common law rule, and now only require a majority of shareholders to agree to change the articles of incorporation.
As can be gleaned from the foregoing, there are three (3) basic requirements for amending the Articles of Incorporation, namely:Majority vote of the board of directors.Written assent of the stockholders representing at least 2/3 of the outstanding capital stock.Approval by the Securities and Exchange Commission.
Note: The California Corporations Code prohibits any amendment of Articles of Incorporation altering the statement of the name and address of the initial agent for service of process.
When must you amend your entity's formation documents?Changes to the entity's name.Changes in the entity's purpose.Changes in the number of authorized shares of a corporation.Changes in the type/class/series of authorized shares of a corporation.More items...
Changing articles of incorporation often means changing things like agent names, the businesses operating name, addresses, and stock information. The most common reason that businesses change the articles of incorporation is to change members' information.
Changing articles of incorporation often means changing things like agent names, the businesses operating name, addresses, and stock information. The most common reason that businesses change the articles of incorporation is to change members' information.
An amendment to your LLC Articles of Organization is filed when you need to update, add to, or otherwise change the original content of your articles. While amendments aren't required for every content change in every state, they're a relatively common filing.