The North Dakota Affidavit of Name Change (Of Corporation) is a legal document that allows a corporation registered in North Dakota to change its name officially. This affidavit is particularly crucial for corporations looking to rebrand, amend their names due to mergers, or rectify any errors in their initial registration. The affidavit serves as evidence of the corporation's intent to operate under a new legal name. To initiate the name change process, the corporation must complete the North Dakota Affidavit of Name Change (Of Corporation) following the state's specific guidelines and requirements. The North Dakota Secretary of State's office reviews and approves all name change requests. It is important to mention that failing to file the necessary affidavit and update business records accordingly can lead to legal complications and result in the corporation being unable to conduct business under its new name. Key elements that should be included in the North Dakota Affidavit of Name Change (Of Corporation) are as follows: 1. Corporation Information: The affidavit should begin with the current legal name of the corporation, along with its registered address, North Dakota Business Identification Number, and any other pertinent details that accurately identify the corporation. 2. Purpose of Name Change: The corporation must state a clear and concise reason for the name change, such as a merger with another entity, rebranding efforts, or correcting typographical errors. Providing a detailed explanation strengthens the compatibility of the affidavit. 3. Proposed Name: The corporation should specify the exact new name it intends to adopt, ensuring it complies with the naming guidelines outlined by the North Dakota Secretary of State. The proposed name should be unique and distinguishable from existing corporations in the state. 4. Board Resolution: The affidavit must include a board resolution authorizing and approving the name change. This resolution should specify the date of approval and have signatures from relevant board members. It should also mention that the majority of shareholders or directors have consented to this change. 5. Affine's Signature: An authorized representative of the corporation, typically a director, president, or secretary, must sign the affidavit in the presence of a notary public. This signature affirms the accuracy of the information provided and the corporation's commitment to the name change. Types of North Dakota Affidavit of Name Change (Of Corporation): 1. General Name Change: This affidavit is used when a corporation wishes to change its name for various reasons, such as rebranding, updating its image, or making the name more marketable. 2. Merger Name Change: This affidavit is required when two or more corporations merge, resulting in a change of their combined entity's name. It provides evidence of the new name under which the merged corporation will operate. 3. Rectification Name Change: This affidavit is used when a corporation wants to correct any errors in its initial name registration or address that may have been inadvertently made during the incorporation process. It ensures that the official records accurately reflect the corporation's desired name. By diligently completing and submitting the North Dakota Affidavit of Name Change (Of Corporation) with the correct information, corporations can ensure a smooth transition to their new name while complying with state laws and regulations.