Article Amendment
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Article Amendment
Whenever you need to change information that is legally enshrined in your Articles of Incorporation (corporation) or Articles of Organization (Limited Liability Company / LLC), you must file an Article of Amendment (AKA Certificate of Amendment) with the state of incorporation.
What is Article Amendment?
Suppose you wish to alter any information, such as making a name amendment, business purpose, share amendment (volume or par value), or changes to a business address, corporate directors, a registered agent (name or address), officers, or any of the other Articles of Incorporation information that would need to any changes. In that case, you will be required to file an Article of Amendment.
What is Business Amendment
Suppose you wish to change any information, such as making a name amendment, business purpose, share amendment (volume or par value), or changes to a business address, corporate directors, officers, or registered agent (name or address), or any of the other Articles of Incorporation information that would need to change. In that case, you will be required to file an Article of Amendment.
Why is the Article Amendment Important?
The articles of amendment are essential because they provide a formal way for a company to make changes to its articles of incorporation. This can be necessary for various reasons, such as to reflect changes in the company's business structure or to update the information contained in the articles of incorporation. In addition, by making changes through the articles of amendment, the company can ensure that its articles of incorporation remain accurate and up-to-date. This can be important for maintaining the company's legal standing and complying with relevant regulations.
What makes Article Amendment So Important?
The information included in your Articles of Incorporation/Organization or in your Certificate of Authority (if you’ve registered to transact business in other states) is the official information the state has on record for your company. When that information changes, it also needs to be updated with the state.
- Submitting Articles of Amendment tells the state that the appropriate company representatives have consented to the change. For example, amending the business purpose of a corporation might require consent by the incorporator or the corporation’s directors or shareholders.
- Approval by the state certifies that your company met state legal requirements and that the information has officially been changed with the state.
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