Wyoming Amendment to the articles of incorporation to eliminate par value

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Multi-State
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US-CC-3-243
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This sample form, a detailed Amendment to the Articles of Incorporation to Eliminate Par Value document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Wyoming Sunshine Law The Wyoming Sunshine Lawis a series of laws designed to guarantee that the public has access to public records of government bodies at all levels.

The Corporation Articles of Amendment should be mailed to the Wyoming Secretary of State. There is a $50 filing fee. The amendment will be processed roughly within a week, and a stamped copy will be sent to you through the mail.

An LLC generally requires less business formalities than a corporation. An LLC may be managed directly by members and there is no need to have a separate board of directors, annual shareholder meetings or periodic directors meetings with minutes.

Authority to transact business required. (a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.

Action without meeting. (a) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this act to be taken at a board of directors' meeting may be taken without a meeting if the action is taken by the requisite number of members of the board.

Wyoming laws on close corps allow small corporations to forego many traditional corporate formalities, while still enjoying the benefits. A departure from regular business corporations, Close Corporations do not require a board of directors, this means ongoing operations generate less paperwork.

Authority to transact business required. (a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.

The Public Records Act defines "public records" as "the original and copies of any paper, correspondence, form, book, photograph, photostat, film, microfilm, sound recording, map drawing or other document, regardless of physical form or characteristics that have been made by the state of Wyoming and any counties, ...

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Wyoming Amendment to the articles of incorporation to eliminate par value