What is the purpose of the Articles Of Amendment Georgia CD 110 form?
The Articles of Amendment Georgia CD 110 form is designed specifically for corporations wishing to change their name. By filing this amendment, a corporation formally notifies the state of its new name. It allows for an official and legal transition from the current name to the proposed name, which is essential for maintaining accurate and up-to-date corporate records.
Is the use of the CD 110 form mandatory for changing a corporation's name?
Using the CD 110 form is optional; however, it is the recommended method for filing a name change with the Georgia Secretary of State. While alternate routes exist for drafting articles, the CD 110 provides a structured format that helps ensure all necessary information is included. Filers are strongly encouraged to seek legal counsel to assist in this process to avoid potential complications.
What key information must be provided in the CD 110 form?
Several critical pieces of information are required in the CD 110 form. First, the current name of the corporation must be provided. Next, the proposed new name should be clearly stated. The method of adoption also needs to be specified, indicating how the amendment was approved. Additionally, filers must provide the date the amendment was adopted and certify that the required notice has been sent to the appropriate legal organ of the county.
How does a corporation select the method of adoption for the amendment?
The method of adoption must be chosen based on the procedures outlined in Georgia law. The options include approval by the incorporators, by the members of the corporation, or by the board of directors. If the board of directors approves the amendment, there is a further distinction: either with member approval or without member approval if such approval was not necessary.
What is the required filing fee for submitting the CD 110 form?
When submitting the Articles of Amendment Georgia CD 110 form, a filing fee of $20.00 is mandatory. This fee is essential for processing the amendment by the Secretary of State's office. Additionally, there may be a $40.00 fee for the publication notice regarding the name change, which must also be acknowledged in the submission.
What is the publication requirement associated with the name change?
Once the Articles of Amendment are submitted, there is a legal obligation to notify the public of the name change. Filers must send a notice to the legal organ of the county where the corporate office is located. This notice must confirm that the filing has occurred and include the pertinent fee. The publication requirement ensures transparency in corporate operations and informs the community about the corporation's identity change.
What happens if the CD 110 form is not filled out correctly?
If the CD 110 form is not completed accurately, it could lead to delays in processing or even rejection of the amendment. Incomplete or incorrect information may result in the form being returned for correction. Therefore, careful attention to detail is crucial when filling out the form, and it is advisable to consult legal counsel to mitigate these risks.