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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.
Hence, limited period of existence and centralized management are not typical characteristics of a corporation.
Texas has one form for all domestic for-profit businesses. Fill out and file in duplicate Form 424, Certificate of Amendment. You can file it in person, by mail or online at Texas SOSDirect for $1 log in fee. You also can fax your amendment with form 807 with your credit card information.
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of shares, and the process of electing a board of directors.
To amend (change, add or delete) provisions contained in the Articles of Incorporation, it is necessary to prepare and file with the California Secretary of State a Certificate of Amendment of Articles of Incorporation in compliance with California Corporations Code sections 900-910.
(1) A corporation's board of directors may restate its articles of incorporation at any time with or without a vote of the members. (2) The restatement may include one or more amendments to the articles of incorporation.
Definition of Corporation It is an artificial being, created operation of law, having the right of succession and the powers, attributes, and properties expressly authorized by law or incident to its existence.
The Articles of Incorporation are like the constitution of the corporation that provides a broad framework for its establishment, whereas the bylaws can be likened to the individual laws that must be consistent with the Articles of Incorporation.