Hennepin Minnesota Amendments to certificate of incorporation

• Category: Corporations - Public - Limited Partnerships
• State: Multi-State
• County: Hennepin
• Control #: US-CC-10-173
• Format: Word; Rich Text

Description

10-173 10-173 . . . Amendment of Articles of Incorporation to provide that corporation be governed by Section 203 of Delaware General Corporation Law, (b) increase number of stockholders required to call special stockholder's meeting from 15% of outstanding shares to a majority, (c) require that stockholders may take action only at a meeting of stockholders, (d) provide that Board of Directors shall have power to fill interim vacancies on Board, (e) provide that stock issuances resulting in a person holding more than 5% of voting power of corporation may be made without stockholder approval, but only if (i) issuance or sale is to a person not affiliated with corporation and (ii) issuance or sale is approved by majority of Non-employee Directors, (f) give Board authority to enter into severance arrangements that are contingent upon a change of control, merger or acquisition of corporation only if (i) such arrangement is approved by majority of Non-employee Directors and (ii) payments to any individual pursuant to such arrangement are limited to maximum amount which does not result in "excess parachute payments" under Section 280G of Internal Revenue Code of 1986, and (g) change stockholder approval requirement for certain amendments of Articles of Incorporation from 75% of outstanding shares to majority of outstanding shares Hennepin County, located in Minnesota, has its own set of amendments related to the certificate of incorporation. These amendments are crucial for businesses registered within Hennepin County and provide legal guidelines for modifying and updating their certificates of incorporation. Here, we will discuss the various types of Hennepin Minnesota Amendments to the certificate of incorporation along with their relevant keywords. 1. Name Amendment: This type of amendment allows businesses to change their legal name as stated in their certificate of incorporation. Keywords: Hennepin Minnesota name amendment, certificate of incorporation name change. 2. Registered Agent Amendment: Businesses are required to appoint a registered agent who will receive legal documents on their behalf. A registered agent amendment allows businesses to update their registered agent's information in their certificate of incorporation. Keywords: Hennepin Minnesota registered agent amendment, certificate of incorporation registered agent change. 3. Address Amendment: Often, businesses need to update their physical or mailing address. An address amendment enables them to make these changes on their certificate of incorporation. Keywords: Hennepin Minnesota address amendment, certificate of incorporation address change. 4. Share Structure Amendment: If a company decides to issue new shares, modify existing shareholders' rights, or change the overall share structure, a share structure amendment is essential. Keywords: Hennepin Minnesota share structure amendment, certificate of incorporation share modification. 5. Purpose Amendment: Companies sometimes need to expand or redefine their stated business purpose. A purpose amendment allows them to update their certificate of incorporation accordingly. Keywords: Hennepin Minnesota purpose amendment, certificate of incorporation purpose modification. 6. Director/Officer Amendment: In cases of changes in the board of directors or officers of a company, a director/officer amendment allows businesses to reflect these updates in their certificate of incorporation. Keywords: Hennepin Minnesota director/officer amendment, certificate of incorporation leadership change. 7. Capital Stock Amendment: This type of amendment deals with changes in the company's capital stock, such as increasing the authorized shares or altering the par value. Keywords: Hennepin Minnesota capital stock amendment, certificate of incorporation capital modification. Please note that these amendments can vary in terms of their specific requirements and application processes. Businesses should consult legal professionals or the Hennepin County government to understand the exact procedures and forms required for each type of amendment.

Hennepin County, located in Minnesota, has its own set of amendments related to the certificate of incorporation. These amendments are crucial for businesses registered within Hennepin County and provide legal guidelines for modifying and updating their certificates of incorporation. Here, we will discuss the various types of Hennepin Minnesota Amendments to the certificate of incorporation along with their relevant keywords. 1. Name Amendment: This type of amendment allows businesses to change their legal name as stated in their certificate of incorporation. Keywords: Hennepin Minnesota name amendment, certificate of incorporation name change. 2. Registered Agent Amendment: Businesses are required to appoint a registered agent who will receive legal documents on their behalf. A registered agent amendment allows businesses to update their registered agent's information in their certificate of incorporation. Keywords: Hennepin Minnesota registered agent amendment, certificate of incorporation registered agent change. 3. Address Amendment: Often, businesses need to update their physical or mailing address. An address amendment enables them to make these changes on their certificate of incorporation. Keywords: Hennepin Minnesota address amendment, certificate of incorporation address change. 4. Share Structure Amendment: If a company decides to issue new shares, modify existing shareholders' rights, or change the overall share structure, a share structure amendment is essential. Keywords: Hennepin Minnesota share structure amendment, certificate of incorporation share modification. 5. Purpose Amendment: Companies sometimes need to expand or redefine their stated business purpose. A purpose amendment allows them to update their certificate of incorporation accordingly. Keywords: Hennepin Minnesota purpose amendment, certificate of incorporation purpose modification. 6. Director/Officer Amendment: In cases of changes in the board of directors or officers of a company, a director/officer amendment allows businesses to reflect these updates in their certificate of incorporation. Keywords: Hennepin Minnesota director/officer amendment, certificate of incorporation leadership change. 7. Capital Stock Amendment: This type of amendment deals with changes in the company's capital stock, such as increasing the authorized shares or altering the par value. Keywords: Hennepin Minnesota capital stock amendment, certificate of incorporation capital modification. Please note that these amendments can vary in terms of their specific requirements and application processes. Businesses should consult legal professionals or the Hennepin County government to understand the exact procedures and forms required for each type of amendment.