The Texas Resolution Regarding Corporate Name Change is a type of corporate resolution that allows a Texas-based company to officially change its name. This resolution is an integral part of the corporate governance process and typically involves the approval of the company's board of directors or shareholders. To begin, it is important to understand that a corporate resolution is a formal document that records the decisions and actions of the company's management or shareholders. The Texas Resolution Regarding Corporate Name Change specifically pertains to the process of changing the legal name of a corporation. When a company decides to change its name, it must follow certain legal procedures to ensure the change is recognized and accepted by relevant authorities and stakeholders. This includes complying with specific regulations outlined by the Texas Secretary of State's office. The Texas Resolution Regarding Corporate Name Change typically starts with a preamble, which states the reason for the name change and sets out the authority for approving the resolution. The resolution then includes a detailed explanation of the proposed name change, including the current legal name of the corporation and the desired new name. The resolution may specify any limitations or restrictions regarding the new name, such as avoiding trademark infringement or maintaining adherence to the company's industry regulations. It may also outline any necessary steps or actions to be taken to complete the name change, such as updating corporate documents, notifying relevant parties, or filing the appropriate forms with the Texas Secretary of State's office. Depending on the company's bylaws and organizational structure, the resolution may require approval from specific individuals or entities. For example, it may require unanimous consent from the board of directors, or a majority vote by the shareholders. It is important to note that there may be variations of the Texas Resolution Regarding Corporate Name Change depending on the specific circumstances of the company. These variations may include additional clauses or provisions to address any unique considerations or legal requirements. In summary, the Texas Resolution Regarding Corporate Name Change is a formal corporate resolution that enables a Texas-based company to change its legal name. Through this resolution, the company outlines the proposed name change, specifies any limitations or requirements, and secures the necessary approvals from the appropriate individuals or entities.
Texas Resolution Regarding Corporate Name Change - Corporate Resolutions
Description
How to fill out Texas Resolution Regarding Corporate Name Change - Corporate Resolutions?
If you want to be thorough, obtain, or print official document templates, rely on US Legal Forms, the largest collection of legal forms available online.
Use the site's straightforward and convenient search to find the documents you need.
Various templates for business and personal purposes are organized by categories and states, or keywords.
Step 4. After finding the form you need, click the Purchase now button. Choose your preferred pricing plan and enter your information to register for an account.
Step 5. Complete the payment. You can use your Visa, MasterCard, or PayPal account to finalize the transaction. Step 6. Select the format of the legal form and download it to your device. Step 7. Complete, edit, and print or sign the Texas Resolution Concerning Corporate Name Change - Corporate Resolutions.
- Utilize US Legal Forms to find the Texas Resolution Concerning Corporate Name Change - Corporate Resolutions with just a few clicks.
- If you are already a US Legal Forms user, Log In to your account and click on the Acquire button to access the Texas Resolution Concerning Corporate Name Change - Corporate Resolutions.
- You can also view forms you've previously downloaded in the My documents section of your account.
- If you are using US Legal Forms for the first time, follow the instructions below.
- Step 1. Ensure you have selected the form for the correct city/state.
- Step 2. Use the Preview option to review the form's content. Don’t forget to read the description.
- Step 3. If you are dissatisfied with the form, utilize the Search field at the top of the screen to find other variations in the legal form template.
Form popularity
FAQ
The President and Secretary only need to sign when the resolution is certified. But they can sign an uncertified board resolution as well, but it is not required.
A resolution might outline the officers that are authorized to act (trade, assign, transfer or hedge securities and other assets) on behalf of the corporation. The resolution would outline who is authorized to open a bank account, withdraw money, and write checks.
Primarily a board resolution is needed to keep a record of two things: To record decisions concerning company affairs (except for shares) made in the board of directors meeting. This is also known as a board resolution. To record decisions concerning company equity made by shareholders of the corporation.
Such processes can be laid out in a corporate resolution form, usually known as the operating agreement. The agreement can also specify whether or not the decision-making is to be agreed upon by all members or a majority of members.
A corporate resolution is a document that formally records the important binding decisions into which a company enters. These decisions are made by such stakeholders as the corporation's managers, directors, officers or owners.
Board resolutions should be written on the organization's letterhead. The wording simply describes the action that the board agreed to take. It also shows the date of the action and it names the parties to the resolution.
How To Write a Corporate Resolution Step by StepStep 1: Write the Company's Name.Step 2: Include Further Legal Identification.Step 3: Include Location, Date and Time.Step 4: List the Board Resolutions.Step 5: Sign and Date the Document.
Special resolutions - also known as 'extraordinary resolutions' - are needed for more important decisions or those decisions affecting the constitution of a company. These require at least 75% of the shareholders or directors to agree - and in some situations as much as 95%.
Examples of Actions that Need Corporate ResolutionsApproval of new board members and officers.Acceptance of the corporate bylaws.Creation of a corporate bank account.Designating which board members and officers can access the bank account.Documentation of a shareholder decision.Approval of hiring or firing employees.More items...
Interesting Questions
More info
0 no version 1 0.1 yes version 2 2.0 no version 3 2.1 yes version 4 2.2 yes version 5 3.0 yes version 6 3.1 yes version 7 3.2 yes version 8 4.0 yes version 9 4.1 yes version 10 4.2 yes version 11 5.0 yes version 12 5.1 yes version 13 6.0 yes version 14 6.1 no version 15 6.2 no version 16 7.0 yes version 17 7.1 yes version 18 7.2 yes version 19 8.0 yes v 1.0 no version 20 9.0 no version 21 9.1 no version 22 10.0 yes v 2.0 no version 23 10.1 yes version 24 10.2 yes v 23.1 No version 25 11.0 yes no version 26 12.0 yes No version 27 12.1 yes no version 28 13.0 yes v 24.1 No version 29 13.1 yes v 25.1 No version 30 13.2 yes version 31 13.3 yes no version 32 14.0 yes no version 33 14.1 yes v 26.1 No version 34 14.2 yes v 27.1 No version 35 14.3 yes version 36 15.0 yes version 37 15.1 yes version 38 15.2 yes version 39 15.3 yes version 40 16.0 yes version 41 16.1 no version 42 16.2 yes v 28.2 no version 43 16.3 yes version 44 16.4 yes no version 45 16.5 yes v 30.1 No version 46 16.
