Adjust account in the Articles of Incorporation

Aug 6th, 2022
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How to adjust account in the Articles of Incorporation

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To amend your articles of incorporation, first check the statutes in the state where your business is incorporated, as requirements can vary. Consider contacting the Secretary of State's office to see if there's an option to amend the articles online. Additionally, ensure that any amendments comply with your corporation's existing bylaws, which were established at the time of incorporation.

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Note that when there is a change of directors, the corporation must file Form 4006 Changes Regarding Directors (see View/Change Director Information) with Corporations Canada within 15 days of the change (see Your reporting obligations under the Canada Not-for-profit Corporations Act (NFP Act)).
You can file Articles of Amendment online if you received a company key giving you authority over the corporation (see Notice Company Key). You can file directly with the Ministry of Government and Consumer Services (Ministry) through ServiceOntario at our website .ontario.ca/businessregistry.
If you sell or stop operating your business, you must close your business number (BN) and all your CRA program accounts by calling us at 1-800-959-5525. A new owner cant continue using the old BN . They will have to get a new BN and new program accounts for the business.
Once your business or organization is incorporated, you can change the legal structure of your organization through an amend notice.
When the directors of a company change you must notify the registrar within 15 days by filing a Notice of Change of Directors. The Notice of Change of Directors filing allows you to: add or delete a director; make a legal change of name of a director (no fee); or.
The shareholders can usually remove a director by majority vote at a special meeting of shareholders, subject to the articles of the corporation, its by-laws, and any relevant terms of shareholder agreements.
Passing a written resolution The quickest and easiest way to change the articles of association is by written resolution. This is the preferred option for many companies, because it removes the need to arrange and attend a general meeting, which is not always convenient or practical in every situation.

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