California Proposed amendment to articles of incorporation regarding distribution of stock of a subsidiary
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How to fill out Proposed Amendment To Articles Of Incorporation Regarding Distribution Of Stock Of A Subsidiary?
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FAQ
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.
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.
Section 509: Section 509 concerns redemptions. A corporation may redeem shares by (1) giving notice of redemption and (2) making payment or deposit of the redemption price of the shares, as provided in its Page 5 5 articles, or deposit of the redemption price pursuant to Section 509(d).
In California, a corporation must authorize at least one share but may authorize any number. You, as the founder, can be the sole stockholder and own all authorized shares yourself, or you can issue shares to others who you desire to co-own the corporation.
California Incorporation Filing Fee In addition, filing the California articles of incorporation including a filing carries a fee of $100, plus a $15 handling fee. You must also file an initial report giving detailed information about your company, which includes a fee of $25 and a $75 service fee.
Every corporation and limited liability company is required to file a Statement of Information either every year or every two years as applicable. The Secretary of State sends a reminder to the business entity approximately three months prior to the date its filing is due.
For corporate name changes, you must first register the corporate name change with the Secretary of State's Office. If you only are adding a "DBA" to the existing corporate name, you do not need to make any changes with the Secretary of State's Office. The "DBA" cannot indicate a second corporation.
Articles of Incorporation must be amended to alert the state to major changes. Changes that qualify for state notification include changes to: address. company name.
