How to amend the bylaws
Bylaws are not filed with the state so there is no need to file amendments to Bylaws with the state. The Bylaws themselves will usually describe the procedure for making amendments. In most cases, Bylaws are amended by a resolution of the board of directors of the company authorizing the amendment. The resolution is passed » Continue…
Why you need legal help
We are likely to need legal help at least once a year, yet most of us do not actively seek legal help. This is borne out of data from a survey conducted by Leo J. Shapiro & Associates, on behalf of the American Bar Association’s Section of Litigation, which shows that close to three quarters » Continue…
Types of legal plans
A prepaid legal plan is based on the payment in advance of a set fee to defray the cost of providing future legal services to the members enrolled in the scheme. They vary in cost, scope of legal coverage, and how the legal services are provided. An individual prepaid legal plan is readily accessible to » Continue…
How to amend the articles of incorporation
A few common reasons for needing to amend the articles of incorporation include changing the corporate name, increasing or decreasing the authorized shares of stock, or changing the rights or preferences with respect to any classes of stock. Another reason might be if the initial directors were named in the articles of incorporation and these » Continue…
