The Articles of Amendment Law

The articles of amendment law is only applied after major modifications happen in a corporation. This can be when the corporation changes its incorporated name into a new one, or when one of its registered agents is replaced, for instance.

The articles of amendment can be executed by the directors or incorporators before issuing shares of stock.

The articles of amendment must mention the name of the corporation, the amendment performed, the date, and a clear statement declaring that the article of amendment was filed before issuing the shares.

Conversely, if the shares have been issued prior to filing the certificate of amendment, the appropriate officers are then requested to sign it before reporting the changes. In case the outstanding shares might be affected by the change as well, then a description of its effect must be included.

The corporate filing division is requested when filing the articles of amendment, in addition to an amendment fee that depends on the state you are registered in, as well as the time and the person doing the amending.