Subject: Explanation for Delay in Corporation Formation — Oakland, Michigan Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to offer an explanation for the delayed formation of our corporation, as per the requirements of Oakland, Michigan's jurisdiction. We genuinely regret any inconvenience caused by this delay, and we understand the importance of promptly completing the corporation formation process to ensure compliance with all legal obligations. Allow me to provide a detailed account of the reasons behind this unexpected delay. 1. Administrative Delays: Our organization had experienced unforeseen administrative setbacks in collating and submitting the necessary documentation for the corporation formation process. These setbacks resulted from an unexpected increase in workload and complexities beyond our control. However, we have taken immediate corrective measures to ensure optimal efficiency going forward. 2. Legal Challenges: We encountered some legal complexities during the corporation formation process that required additional time for researching and resolving. Our legal team diligently worked to navigate through these challenges, ensuring compliance with all the legal standards and guidelines imposed by the state of Michigan and the city of Oakland. 3. External Factors: Several external factors also contributed to the delay in our corporation formation. These factors include unforeseen personnel changes, which disrupted our operations temporarily. Additionally, we faced delays in acquiring necessary permits and licenses due to regulatory constraints beyond our influence. 4. Overloaded Workload: Our team has experienced a recent surge in our workload due to various ongoing projects. The increased workload stretched our resources thin, impacting the completion of the required paperwork and adherence to the specified timeline. We apologize for any inconvenience caused and are taking immediate corrective steps to streamline our operations. While we understand the urgency in completing the corporation formation process, we want to assure you that we are actively addressing these issues. Our team is committed to resolving all outstanding matters promptly. We have allocated additional resources and sought external assistance to expedite the process to the best of our ability. We sincerely apologize for the delay and the inconvenience it may have caused. Rest assured, we are making every effort to resolve these issues and complete the corporation formation process at the earliest. Thank you for your understanding and patience. If you require any further information or assistance, please do not hesitate to contact me directly at [Your Contact Information]. Yours sincerely, [Your Name] [Your Position] [Company Name] [Any additional contact details]
Oakland Michigan Sample Letter for Explanation as to Tardiness of Corporation Formation
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How to fill out Sample Letter For Explanation As To Tardiness Of Corporation Formation?
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FAQ
To change the corporations officer or director information you must file the Statement of Information form. If changes occur between filing periods, you can just file a statement of information form to amend the previously filed statement. There is no fee to file an amended statement.
To amend (change, add or delete) provisions contained in the Articles of Incorporation, it is necessary to prepare and file with the California Secretary of State a Certificate of Amendment of Articles of Incorporation in compliance with California Corporations Code sections 900-910.
In essence, the California form SI-550 is a document that must be filed by stock corporations, foreign corporations, or agricultural cooperatives to ensure that they declare the mandatory information required by the State of California.
How to Amend Articles of Incorporation Review the bylaws of the corporation.A board of directors meeting must be scheduled.Write the proposed changes.Confirm that the board meeting has enough members attending to have a quorum so the amendment can be voted on. Propose the amendment during the board meeting.
In addition, any time there are information changes in between statutory filing periods, an updated statement should be filed. For faster service file Statements of Information, Common Interest Development Statements and Publicly Traded Disclosure Statements online at bizfileOnline.sos.ca.gov.
To amend (change, add or delete) provisions contained in the Articles of Incorporation, it is necessary to prepare and file with the California Secretary of State a Certificate of Amendment of Articles of Incorporation in compliance with California Corporations Code sections 900-910.
California corporations must file a California Statement of Information every year. California LLCs and nonprofits will file every two years.
Changes to information contained in a previously filed statement can be made by filing a new form, completed in its entirety. Statutory filing provisions are found in California Corporations Code section 17060, unless otherwise indicated.
A domestic (California) or foreign (outofstate or outofcountry) corporation, cooperative, limited liability company and limited partnership can dissolve, surrender or cancel by filing the applicable termination form(s) online at bizfileOnline.sos.ca.gov.
If you mail the California Secretary of State an updated Statement of Information, it will take 2-4 months for the State to process it.