Restated Articles Of Incorporation For Use By Domestic Nonprofit Corporations {510b}

510b - RESTATED ARTICLES OF INCORPORATION FOR USE BY DOMESTIC NONPROFIT CORPORATIONS. This is a Michigan Department of Licensing and Regulatory Affairs (LARA) form used by nonprofit corporations to update and replace their original articles of incorporation. This form allows a nonprofit corporation organized under the 1982 Nonprofit Corporation Act to restate its governing documents and, if applicable, transition into a professional service corporation under the 1972 Business Corporation Act. It requires the corporation to provide updated information such as its current name, identification number, former names, purposes, corporate structure, share information if applicable, and registered office details. The form also includes space for optional provisions, such as rules for reorganizations or shareholder actions without meetings, and requires confirmation that all shareholders are properly licensed if the corporation provides professional services. Adoption of the restated articles must be approved according to statutory requirements, either by incorporators, shareholders, members, or directors, depending on how the nonprofit is structured. www.FormsWorkflow.com