Amendments Certificate For Accreditation

• Category: Corporations - Public - Limited Partnerships
• State: Multi-State
• Control #: US-CC-10-173
• Format: Word; Rich Text

Description Amendments Certificate Form

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

An amended certificate of formation in New Jersey refers to a legal document that is submitted to the New Jersey Division of Revenue and Enterprise Services. It serves as an official record of changes made to the initial certificate of formation of a limited liability company (LLC). This document is essential for maintaining accurate and up-to-date information about an LLC operating in the state of New Jersey. An amended certificate of formation is typically required when there are any significant changes in the information provided in the initial certificate. This may include changes in the LLC's name, registered office address, registered agent, members, or managers. By filing this document, the LLC ensures compliance with the regulations set forth by the state and keeps the public records accurately updated. Here are some of the different types of amended certificate of formation in New Jersey: 1. Change of Name: If an LLC decides to change its legal name, it must file an amended certificate of formation with the new desired name. This ensures that the LLC's registered name is accurately reflected in public records, contracts, and other official documents. 2. Change of Registered Office Address: In case an LLC's registered office address needs to be changed, an amended certificate of formation should be filed to update this information. The registered office address is the official location where legal notices and official correspondence are sent to the LLC. 3. Change of Registered Agent: When there is a need to appoint a new registered agent for the LLC or if the existing registered agent has changed, an amended certificate of formation is required. The registered agent is the person or entity responsible for receiving legal notices and other important documents on behalf of the LLC. 4. Change of Members or Managers: If there are any changes in the members or managers of an LLC, an amended certificate of formation must be filed to update this information. This ensures that the details of the LLC's owners and managers are accurately reflected in the public records. Overall, the amended certificate of formation in New Jersey plays a crucial role in keeping an LLC's information accurate and up-to-date. Whether it involves changes in name, registered office address, registered agent, or the key personnel of the LLC, filing this document is necessary to comply with the regulations set by the state. It ensures transparency and provides clarity regarding the current status of an LLC operating in New Jersey.