LawSmart.com

Free Legal Documents, Forms, and Contracts

Business & Corporation

Business & Corporation
Corporation
Limited Liability Company
Partnership
HR / Labor & Employment
General Business Letters & Forms
Wills & Estate Planning
Debt & Finance
Trademarks, Patents & Copyrights
Family Law
Real Estate & Landlord Tenant
General

Page 1 of 4

1 Acknowledgement of Modified Terms

In some relationships, which involve an original contract between parties involved, there may be a change in circumstances that call for an alteration of the original contract. In order to protect themselves, parties may want to enter into an additional, subsequent contract which clarifies the changes in the relationship. This new contract usually explains the new terms of the contract and also restates which, if any, remaining portions of the old contract are still in place. This document can be used as a written acknowledgment of such modifications to an original agreement.

Community reviews | Get Started

FREE

2 Action of Incorporators Taken Without a Meeting By Written Consent

In the situation where a company's articles of incorporation do not name the initial directors of the corporation, the company's incorporators must hold an organizational meeting to appoint directors as well as adopt bylaws.

Use this form in lieu of holding a meeting of the incorporators. The incorporator must consent and sign the form.

Community reviews | Get Started

FREE

3 Action without Meeting of Directors

It is the responsibility of the initial directors to complete the corporate organization. For example, electing the corporate officers, approving the form of share certificate and corporate seal if desired, authorizing the corporation's banks which will be used, and authorized issuance of the corporation's shares and any debt securities etc.

Any action required or permitted to be taken by the board of directors, including actions required to be taken at the organizational meeting, may be taken without a formal meeting if all board members sign a written consent. Use this form in lieu of a formal meeting to approve the bylaws and be sure to file with the corporate minutes.

Community reviews | Get Started

FREE

4 Articles of Incorporation

There are many reasons to incorporate your business including limiting your personal liability, gaining tax advantages, anonymity, and flexibility as well as guaranteeing an enduring business structure. Anyone who operates a business may incorporate.

A Corporation springs into existence once the articles of incorporation are filed with the Secretary of State. The articles of incorporation set forth the name and address of the corporation as well as authorize the issuance of stock, limit liability of directors and state the corporate purpose. There may be other requirements, such as other documentation and procedures, necessary to complete organization so it is important to be informed of all such requirements to ensure the corporation is complete and properly organized.

Community reviews | Get Started

FREE

5 Articles of Organization

In order to form a Limited Liability Company (LLC), Articles of Organization are required. The existence of the LCC begins upon the filing of the Articles of Organization by the Secretary of State.

The person or persons who execute the articles need not be members of the LLC, but such person will be called the "organizer" during the filing process. The articles include the designation of an Agent for Service of Process and a statement indicating whether the LLC will be managed by one manager or more than one manager or the members of the LLC. The articles may include a date on which the company is to dissolve.

Use this document to prepare the Articles of Organization for your Limited Liability Company.

Community reviews | Get Started

FREE

6 Bill Of Sale And Assignment

This is a Bill of Sale used to transfer assets to a partnership in exchange for a partnership interest. Partners often transfer assets in lieu of, or in addition to, cash contributions, in return for an interest in the partnership. However, please note that appropriate title transfer documents may also need to be prepared and submitted to the appropriate governmental entity if title to any of the property is maintained on record with that entity (for instance, DMV records of vehicle ownership, etc.). Also, consult an account regarding the tax implications of transferring assets to a partnership in exchange for a partnership interest, whether such transfer qualifies as a tax free transfer or otherwise.

Community reviews | Get Started

FREE

7 Bylaws

While there is only one instance where it is required by law that a corporation adopts corporate bylaws, virtually all corporations adopt them. They are essentially the game plan of the corporation. The exception to the general rule that bylaws are not a legal requirement is when the number of directors is not stated in the articles of incorporation. If the number of directors are not specified in the articles of incorporation then bylaws must be adopted specifying that number of directors for the corporation.

Bylaws serve several useful functions. They provide the rules and regulations for corporate governance as well as the governance of shareholders, officers and directors of the corporation. Bylaws also restate a lot of the state statutory rules, procedures and standards relating to corporate governance and may alter those statutory standards which are variable.

Community reviews | Get Started

FREE

8 Company Laptop Payroll Deduction Authorization

If your company is providing you with a laptop to be used in conjunction with your employment, use this document to authorize a deduction from your last paycheck should you fail to turn in the company computer upon end of employment.

Community reviews | Get Started

FREE

 

Page 1 of 4