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

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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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FAQ

Amendment of articles of organization. A. A limited liability company may amend its articles of organization at any time to add or change a provision that is required or permitted in the articles, or to delete a provision not required in the articles.

Quorum and voting by directors. 2. A majority of the number of directors prescribed, or if no number is prescribed, the number in office immediately before the meeting begins, if the corporation has a variable-range size board.

File it by mail or in person. To amend your principal business address or change your registered agent, you file a separate and free form with the Commission. For any other amendments adopted, file Articles of Amendment with the Commission by mail or in person.

A board of directors shall consist of one or more individuals, with the number specified in or fixed in ance with the bylaws, or if not specified in or fixed in ance with the bylaws, with the number specified in or fixed in ance with the articles of incorporation.

Terms of directors generally. A. In the absence of a provision in the articles of incorporation fixing a term of office, the term of office for a director shall be one year.

Any corporation shall have power to make any further indemnity, including indemnity with respect to a proceeding by or in the right of the corporation, and to make additional provision for advances and reimbursement of expenses, to any director or officer that may be authorized by the articles of incorporation or any ...

A. Where there are no members, or no members having voting rights, an amendment shall be adopted at a meeting of the board of directors upon receiving the vote of at least two-thirds of the directors in office.

865. Action without meeting of board of directors. A. Unless the articles of incorporation or bylaws provide otherwise, actionrequired or permitted by this Act to be taken at a board of directors'meeting may be taken without a meeting if the action is taken by all membersof the board.

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