How do you increase par value of shares?

You can help keep your company private by reducing the number of stock shares available for purchase. A reverse split raises your stock's par value and reduces the number of shares at the same time. The reverse split doesn't change the value of the retained earnings, paid-in capital or cash accounts.

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Amendment to the articles of incorporation to eliminate par value

Pima Arizona Amendment to the articles of incorporation to eliminate par value

Name: Pima Arizona Amendment to the articles of incorporation to eliminate par value
Brand: US Legal Forms
Rating: 4.72 (383 reviews)

Category:

Corporations - Public - Changes Affecting Capital Stock

State:

Multi-State

County:

Pima

Control #:

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

If coupon rate equals the interest rate then the bond will trade at its par value. However, if interest rates rise then the price of a lower-coupon bond must decline to offer the same yield to investors, causing it to trade below its par value.

A change in par value usually occurs when a company's stock is split. The par value is typically listed on stock certificates and usually does not represent the stock's actual value.

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.

- A private corporation may extend or shorten its term as stated in the articles of incorporation when approved by a majority vote of the board of directors or trustees and ratified at a meeting by the stockholders representing at least two-thirds (2/3) of the outstanding capital stock or by at least two-thirds (2/3)

Any amendment to the articles of incorporation which seeks to delete or remove any provision required by this Title or to reduce quorum or voting requirement stated in said articles of incorporation shall require the affirmative vote of at least two-thirds (2/3) of the outstanding capital stock, whether with or

When a company's stock splits, the change in the par value is offset by a corresponding change in the number of shares so the total par value remains the same. The total stockholders' equity is unaffected by the stock split and no entries are recorded.

You can help keep your company private by reducing the number of stock shares available for purchase. A reverse split raises your stock's par value and reduces the number of shares at the same time. The reverse split doesn't change the value of the retained earnings, paid-in capital or cash accounts.

Typically, you can't just make an amendment saying you now have a new par value. Instead, the most common way that corporations change their par value is with a stock split (or reverse stock split).

SEC. The articles of incorporation of a nonstock corporation may be amended by the vote or written assent of majority of the trustees and at least two-thirds (2/3) of the members. The original and amended articles together shall contain all provisions required by law to be set out in the articles of incorporation.

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A certificate of amendment to amend the certificate of incorporation of a New York for-profit corporation. After President Taft objected to one provision and blocked statehood, the citizens of Arizona subsequently agreed to amend it to the version you see below.The Pima Department of Environmental Quality amended the fee scheda ule ordinance to reduce the fees for waste disposal at the Ajo Landfill. This Preliminary Official Statement and the information contained herein are subject to completion and amendment. Tucson is a city in and the county seat of Pima County, Arizona, United States, and is home to the University of Arizona. 001 par value per share, outstanding. General Drainage Report Format for Rezoning and PAD Amendments. Applicant will be amended as a result of the Bank Merger. That pipe insulation is used primarily to reduce condensation). A certificate of amendment to amend the certificate of incorporation of a New York for-profit corporation.

Pima Arizona Amendment to the articles of incorporation to eliminate par value

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