The instrument of incorporation may also contain a provision allowing the board of directors and senior officers of the profit-making company to take into account any social objective indicated in the instrument of incorporation in the exercise of the functions of directors or senior officers. To determine the extent and circumstances in which an officer or director of a for-profit corporation must take into account corporate purposes, please refer to Chapter 21 of the Code, and in particular Articles 21.101 and 21.401 theref, as amended by SB 849. If you have any questions for social purposes, talk to your lawyer. The Secretary of State`s office cannot give you legal or business advice. The Business Organizations Code does not address whether an LLP should notify the Secretary of State when the underlying partnership has been dissolved or has voluntarily ended. On the 1st However, the registration of a Texas LLP remains effective on January 1, 2016 until it is voluntarily revoked by the partnership or involuntarily terminated by the Secretary of State. Where the underlying partnership has been dissolved, the partnership may voluntarily revoke its registration. See Form 704 (Word, PDF). The Secretary of State may withdraw from his active registrations the registration of an LLP or DLLP whose registration has been withdrawn or cancelled. 6. Once done, you will see a message that you have received your user ID via email within 1 hour.
In our experience, it normally happens in 5-15 minutes. If you don`t receive an email after 20-30 minutes, you can call the state (512-475-2755) or send an email ([email protected]) for help. The Minister of Foreign Affairs cannot act as a registered representative of a company. The Minister of Foreign Affairs recommends consulting a private lawyer on trademarks, service marks and other intellectual property matters. A related company is any national for-profit company or a professional society that states in its instrument of incorporation that „this company is a close company“. The declaration may be included in the initial act of incorporation of a company or added later by the filing of a certificate of amendment. A private company can be managed under a shareholders` agreement instead of a board of directors or statute. Shareholders of related companies often agree to limit the conditions under which shares can be transferred or sold, to distribute profits and losses in a certain way, or to set conditions for holding shares or management positions. More information can be found in BOC § 21.701 ff.
Business advertisers in the state of Texas should confirm the availability of their business name before being filed with the Secretary of State. The preliminary search of the name in the state registers makes it possible to check its availability and clarity (an online account must be created to access the state search function). Summary table of procedures and forms for changing the address of the entity with the Minister of Foreign Affairs: Hello Matt. I recently filed for my brand new LLC company and I work with one of my friends, I accidentally thought that as a member of managing, because it is my company, I did not have to add my own either, but apparently it is false. Now I have an LLC that shows me as a registrar and my friend as an executive member. .