10-173 10-173 . . . Amendment of Articles of Incorporation to provide that corporation be governed by Section 203 of Delaware General Corporation Law, (b) increase number of stockholders required to call special stockholder's meeting from 15% of outstanding shares to a majority, (c) require that stockholders may take action only at a meeting of stockholders, (d) provide that Board of Directors shall have power to fill interim vacancies on Board, (e) provide that stock issuances resulting in a person holding more than 5% of voting power of corporation may be made without stockholder approval, but only if (i) issuance or sale is to a person not affiliated with corporation and (ii) issuance or sale is approved by majority of Non-employee Directors, (f) give Board authority to enter into severance arrangements that are contingent upon a change of control, merger or acquisition of corporation only if (i) such arrangement is approved by majority of Non-employee Directors and (ii) payments to any individual pursuant to such arrangement are limited to maximum amount which does not result in "excess parachute payments" under Section 280G of Internal Revenue Code of 1986, and (g) change stockholder approval requirement for certain amendments of Articles of Incorporation from 75% of outstanding shares to majority of outstanding shares
Alabama Amendments to certificate of incorporation
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How to fill out Amendments To Certificate Of Incorporation?
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An Alabama Good Standing Certificate is provided by the Alabama Secretary of State and is conclusive evidence of the existence of your Alabama business franchise. In most cases an Alabama Certificate of Good Standing can be valid up to a year depending on the requirements of the Good Standing Certificate requester.
Immediate Processing: You may acquire a Certificate of Existence online at .sos.alabama.gov. Click on Business Services (under picture), scroll down to Certificate of Existence.
How to Order a Certified Copy of Articles of Organization or a Certified Copy of Articles of Incorporation from Alabama Secretary of State By Phone: Call (334)242-5324 and request your certified copy. ... By Email: ... By Mail: ... By Fax: ... In Person: ... Counter Service: ... Expedited processing: ... Normal processing:
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.
A certificate of good standing (sometimes called a ?certificate of status? or a ?certificate of existence?) is a document that states that your company is legally registered with your state.
Immediate Processing: You may acquire a Certificate of Existence online at .sos.alabama.gov. Click on Business Services (under picture), scroll down to Certificate of Existence.
The process of amending a corporation's articles is typically done through a special resolution. This can be achieved by a resolution approved by no less than two-thirds of the votes cast at a meeting of shareholders, or by a written resolution signed by all eligible shareholders.
One way to transfer LLC ownership in Alabama is to have the existing members of the LLC buy out the partner who wants to leave. The leaving partner's ownership interest is then split among the remaining LLC members. To handle the transfer of ownership this way, you need to create a buy/sell agreement.