Delaware Release and Authorization is a legal document used to transfer a company's ownership. This document is filed with the Delaware Division of Corporations and is required for any company registered in Delaware. It is also used to authorize changes to the company's ownership structure and to distribute assets in the event of dissolution. There are two types of Delaware Release and Authorization: a Certificate of Amendment and a Certificate of Merger. The Certificate of Amendment is used to make changes to a company's existing Certificate of Incorporation, while the Certificate of Merger is used when two or more companies merge together. Both documents require the approval of the Delaware Secretary of State.
Delaware Release and Authorization is a legal document used to transfer a company's ownership. This document is filed with the Delaware Division of Corporations and is required for any company registered in Delaware. It is also used to authorize changes to the company's ownership structure and to distribute assets in the event of dissolution. There are two types of Delaware Release and Authorization: a Certificate of Amendment and a Certificate of Merger. The Certificate of Amendment is used to make changes to a company's existing Certificate of Incorporation, while the Certificate of Merger is used when two or more companies merge together. Both documents require the approval of the Delaware Secretary of State.