When Can You Amend Articles of Incorporation?

The legal documents known as the Articles of Incorporation, commonly referred to as the certificate of incorporation or corporate charter, define a corporation’s goals, organizational structure, and rules. The Articles of Incorporation may occasionally need to be modified as the corporation expands. Therefore, the question of when to alter the articles of incorporation arises.

In general, after a corporation is established, its articles of incorporation may be changed at any moment. Nevertheless, depending on the state in where the corporation is registered, specific regulations must be fulfilled. In the majority of states, the modification cannot be submitted with the state until it has received the board of directors’ and shareholders’ approval. State laws and regulations must also be followed by the amendment.

A change or addition to the current Articles of Incorporation constitutes an amendment. When only a few particular provisions need to be altered, it is employed. A restatement, on the other hand, entails completely rewriting the Articles of Incorporation. It is employed whenever the corporation’s goals, organizational structure, or rules undergo significant changes.

Yes, a lot of states permit corporations to electronically file new Articles of Incorporation. Compared to filing by mail, the process is often quicker and more practical. Corporations should consult their state’s business registration agency to learn more about the criteria and to find out if online filing is an option.

A restatement of the articles of incorporation is a total revision of the founding charter. It is frequently used when a corporation wishes to alter its name, mission, or organizational structure. If the original Articles of Incorporation have undergone numerous revisions, making them difficult to read or comprehend, a restatement may also be required.

By contacting the Corporations Division of the Georgia Secretary of State’s office, corporations in Georgia can receive a copy of their Articles of Incorporation. Copies of the document are available from the office for a charge. The Georgia Secretary of State’s company registration database allows corporations to look for and read their Articles of Incorporation online.

To sum up, corporations can change their articles of incorporation whenever they choose, but they must adhere to the rules that are special to their state. A restatement could be preferable if a substantial modification is required. Many states allow for the electronic filing of new articles of incorporation, and businesses can request copies of their documents by getting in touch with the office that handles business registration in their state.