New Mexico Amendment to the articles of incorporation to eliminate par value
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How to fill out Amendment To The Articles Of Incorporation To Eliminate Par Value?
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FAQ
The Articles of Amendment, also sometimes called a Certificate of Amendment, is a document filed with your state of incorporation (or any states in which your company has foreign qualified to transact business), to enact a specific change to the information included in your company's incorporation or qualification ...
Definition of Corporation It is an artificial being, created operation of law, having the right of succession and the powers, attributes, and properties expressly authorized by law or incident to its existence.
Articles of incorporation are the legal documents that a corporation files to establish itself as a legal business organization. These documents are important because they provide legal recognition, tax advantages, the ability to issue stock and reduced owner liability.
The names and addresses of the incorporators are not included in the Articles of Incorporation. One or more persons may form a corporation.
To file an amendment for your domestic New Mexico Corporation, submit Form DPR-AM, Articles of Amendment to the Articles of Incorporation and one duplicate copy to the New Mexico Public Regulation Commission (PRC). The form is available online (see link below).
What must be included in the articles of incorporation? the corporation's name and business address. the number of authorized shares and the par value (if any) of the shares. the name and address of the in-state registered agent. the names and addresses of its incorporators.
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of shares, and the process of electing a board of directors.
Incorporation involves drafting "articles of incorporation," which lists the primary purpose of the business and its location, along with the number of shares and class of stock being issued if any. A closed corporation, for instance, would not issue stock. Companies are owned by their shareholders.