Montgomery Maryland Amendment to the articles of incorporation to eliminate par value

State:
Multi-State
County:
Montgomery
Control #:
US-CC-3-243
Format:
Word; 
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This sample form, a detailed Amendment to the Articles of Incorporation to Eliminate Par Value 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

The parties certifying the certificate (usually the president and secretary of the corporation) The article being amended. A statement that the amendment has been approved by the board, and. By the required number of shareholders (if there are shareholders).

The vote usually takes place at a formal meeting of the corporation (annual meeting or other) and shareholders must be advised of the proposed change before the meeting. If the shareholders approve the change to the articles of incorporation, the amended document must be attested to by the corporate secretary.

A corporation can amend or add as many articles as necessary in one amendment. The original incorporators cannot be amended. If amending/adding officers/directors, list titles and addresses for each officer/director.

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.

The articles of incorporation of a nonstock corporation may be amended by the vote or written assent of majority of the trustees and at least two-thirds (2/3) of the members.

How to Amend Articles of Incorporation Review 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.

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.

SEC. The articles of incorporation of a nonstock corporation may be amended by the vote or written assent of majority of the trustees and at least two-thirds (2/3) of the members. The original and amended articles together shall contain all provisions required by law to be set out in the articles of incorporation.

A private corporation may extend or shorten its term as stated in the articles of incorporation when approved by a majority vote of the board of directors or trustees, and ratified at a meeting by the stockholders or members representing at least two-thirds (2/3) of the outstanding capital stock or of its members.

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Montgomery Maryland Amendment to the articles of incorporation to eliminate par value