Amending Articles of Incorporation in Texas: A Step-by-Step Guide

How do I amend Articles of Incorporation in Texas?
In Texas, two-thirds of all shareholders must approve the amendment unless otherwise specified in the articles of incorporation. Complete Texas Form 424, Certificate of Amendment, stating the amendment. On the form, you must include the name of the corporation, the type of entity and the amendment itself.
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The procedure of changing the articles of incorporation is essential for any corporation in Texas. It enables the company to do a lot of things, including changing its name and adding or removing directors and officers as well as officers. To ensure compliance with state legislation, it is crucial to follow the right processes because this process can be complicated. In this post, we’ll look into Texas’s amendment process for articles of incorporation and address some relevant issues. Amendment as opposed to Restatement

It’s crucial to comprehend the distinction between an amendment and a restatement before getting into the specifics of how to alter articles of incorporation in Texas. A restatement replaces an existing document in its entirety, whereas an amendment makes changes to an existing one. In Texas, you must file a restated document if you want to make significant modifications to the articles of incorporation, such as changing the company’s name or purpose. You can file an amendment if the modifications you want to make are minimal.

Including or Eliminating a Person from an LLC

The process is rather easy if you want to add or remove someone from your LLC. You must submit an amendment to the Articles of Organization to the Texas Secretary of State in order to add someone. The procedures established in your LLC operating agreement must be followed if you want to fire someone. Members may vote on this or a court procedure may be necessary. Modification of the Registered Agent An individual or organization chosen as the corporation’s registered agent will receive legal notices and other crucial papers on its behalf. You must submit a declaration of change to the Secretary of State in Texas if you need to alter your registered agent there. The new registered agent’s name and address should be listed in this statement. The Articles of Incorporation are being amended.

In order to change the Articles of Incorporation in Texas, a Certificate of Amendment must be submitted to the Secretary of State. This certificate has to list the corporation’s name, the filing date, and the particular modifications you intend to make. A filing fee is additionally required, and it varies based on the sort of change you are making.

The process of changing the articles of incorporation in Texas is crucial and necessitates close attention to detail. It’s crucial to take the right steps to maintain compliance with state law, whether you’re changing your corporation’s name, adding or deleting members from your LLC, or changing your registered agent. Understanding the procedures used in these processes will enable you to confidently make the necessary adjustments to your company.

FAQ
Do I need a registered agent for my LLC?

Yes, a registered agent is required to receive legal documents and formal government correspondence on behalf of an LLC in Texas. The registered agent must be readily accessible during regular business hours and have a physical address in Texas.

How much is a LLC in Texas?

Sadly, the report makes no mention of how much it would cost to create an LLC in Texas. However, according to the website of the Texas Secretary of State, the current filing cost for a Certificate of Formation for an LLC is $300. An LLC’s formation and upkeep may also incur additional expenses, such as legal fees and yearly franchise taxes.