Share Amendment
Anytime you change information included in your company’s articles of incorporation, you typically need to file an Article of Amendment. When the number of authorized shares and/or par value changes, a share amendment may be required in states where your company conducts business.
In order to alter the number of shares of stock a corporation is authorized to issue and/or to alter the par value of that stock, an Article of Amendment is required. A share amendment certifies that changes to the stock information were completed as required by law with consent of the appropriate individuals within the company. Legal requirements vary by state and entity type. For example, stock changes for a corporation may require consent of the incorporator, the company's board of directors or its shareholders .
BizFilings' service includes the preparation of an Article of Amendment; shipping of the document to you for signature, in cases where a signature is necessary; and filing of the Article of Amendment document for your business with the appropriate state office.