Limited Liability Companies: Formation, Operation, and

The completed Certificate of Amendment, together with the filing fee of $60, should be forwarded to the New York Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231. They are entitled however if they are declared delinquent, the amount due them shall first be applied to his delinquency plus expenses. His email address is sshatz@mcglinchey.com. The assessment does not need to be audited or certified by a third-party standards provider. (3) The name of the benefit director and the benefit officer, if any, and the address to which correspondence to each of them may be directed. (4) The compensation paid by the benefit corporation during the year to each director in that capacity. (7) A statement of any connection between the organization that established the third-party standard, or its directors, officers or any holder of 5% or more of the governance interests in the organization, and the benefit corporation or its directors, officers or any holder of 5% or more of the outstanding shares of the benefit corporation, including any financial or governance relationship which might materially affect the credibility of the use of the third-party standard. (8) If the benefit corporation has dispensed with, or restricted the discretion or powers of, the board of directors, a description of: (i) the persons that exercise the powers, duties and rights and who have the immunities of the board of directors; and (b) Timing of report.--A benefit corporation shall annually send a benefit report to each shareholder either: (1) within 120 days following the end of the fiscal year of the benefit corporation; or (2) at the same time that the benefit corporation delivers any other annual report to its shareholders. (c) Internet website posting.--A benefit corporation must post all of its benefit reports on the public portion of its Internet website, if any, except that the compensation paid to directors and any financial or proprietary information included in the benefit report may be omitted from the benefit report as posted. (d) Availability of copies.--If a benefit corporation does not have an Internet website, the benefit corporation shall provide a copy of its most recent benefit report, without charge, to any person that requests a copy, but the compensation paid to directors and financial or proprietary information included in the benefit report may be omitted from the copy of the benefit report provided. (e) Filing of report.--Concurrently with the delivery of the benefit report to shareholders pursuant to subsection (b), the benefit corporation must deliver a copy of the benefit report to the department for filing, except that the compensation paid to directors and any financial or proprietary information included in the benefit report may be omitted from the benefit report as filed under this section.

COOPERATIVES; as they acquire juridical personality upon registration with the Cooperative Development Authority. need not be registered in SEC GROUNDS FOR SUSPENSI ON OR CANCELLATION OF CERTIFICATE OF REGISTRATION 1. fraud in procuring registration 2. serious misrepresentation as to the object of the corporation 3. refusal to comply with lawful order 4. continuous inoperation for at least 5 years 5. failure to file by-laws within the required period 6. failure to file reports; and 7. other similar grounds ADOPTION OF BY-LAWS BY-LAWS; defined a relatively permanent and continuing rules of action in the management and control of its affairs and activities. adopted by the • c o r p o r a t i o n f o r i t s o wn government and • that of the individuals composing it and • those havi ng the di recti on, management and control of its affairs, in whole or in part http://bigjayexpress.com/lib/ten-donts-for-acquisition-documents-trademark-use-of-corporate-names-how-to-value-a-law. Under California law, the S corporation is subject to a 1.5 percent tax on its net income and is a conduit similar to a partnership. The items of income, deductions, and credits flow through from the S corporation to each shareholder through the California Schedule K-1, Shareholder’s Share of Income, Deductions, Credits, etc http://webdesignpenticton.com/library/the-governance-of-corporate-groups-cambridge-studies-in-corporate-law.

The enterprise courses department, the biggest department of the Secretary of State's workplace, helps California companies through registering and authenticating enterprise entities and emblems and allowing secured collectors to guard their monetary pursuits. The enterprise courses department approaches thousands of industrial filings and data requests each one year dialysisaid.com. E F F E C T S O F M E R G E R O R CONSOLIDATION • The constituent enterprises shall develop into a unmarried company IN MERGER; will be the surviving company particular within the plan of merger; IN CONSOLIDATION t he c ons ol i dat ed c or por at i on particular within the plan of consolidation; • The separate lifestyles of the constituent organisations shall stop, EXE: that of the surviving or the consolidated company; • The surviving or the consolidated company shall > own all of the rights, privileges, immunities and powers and a. f r anchi ses of every of t he constituent firms; b. all estate, genuine or own, and c. all receivables due on no matter what account, together with subscriptions to stocks and different choses in motion, and d. all and each different curiosity of, or belonging to, or because of each one constituent company, = will probably be deemed transferred to and vested in such surviving or consolidated company with no extra act or deed; > might be topic to the entire tasks and liabilities of an organization geared up less than this Code; The sur vi vi ng or consol i dat ed company can be in charge and l i abl e for al l the l i abi l i ti es and duties of every of the constituent enterprises • within the related demeanour as though such s u r v i v i n g o r c o n s o l i d a t e d company had itself incurred such liabilities or tasks; and any pending declare, motion or continuing introduced through or opposed to any of such constituent organizations • will be prosecuted by way of or opposed to t he survi vi ng or consol i dat ed corporation read for free.

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