Rhode Island Amendment

Rhode Island entrepreneurs may come to a point when they realize that they have to make certain changes to their companies. When this happens, the business owner has to be aware of the process that the state has set to make sure that the company reports important changes to the state.

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What is A Rhode Island Amendment?

Rhode Island requires all businesses to file the proper paperwork to formalize the changes that they want to make. The process of doing this is known as an amendment. Generally, any changes you make to the items listed on the Articles of Incorporation/ Certificate of Formation of your company requires the filing of an amendment with the state.

Reasons Why You Need To File An Amendment

If the changes that your Rhode Island company plans on adopting will affect the formal entity structure of the organization, you will need to file an amendment.

A. Changing The Company Name –

  • LLCs

There are cases when a Rhode Island LLC decides to change its company name. Before using the new name, you have to make sure the state knows of your plan. Submit an amendment to inform the Secretary of State. Then, update the records of your company with the state and government.

  • Corporations

When a Rhode Island corporation decides to operate using a new name, it has to inform the state about its plan by filing an amendment. Doing this will formalize the changing of your corporation’s name. Other than this, your corporation will also have to ensure that all state and government records are updated.

B. Changing Members Of The Business –

  • LLCs

Your Rhode Island LLC provided information about the members and managers when you first submitted the Articles of Organization. You will have to inform the state if there are any changes to the names, addresses, and contact information. However, the state does not require you to report the changes through an amendment. You can just add them to your LLC’s annual report. If you have already filed the report, you can either submit an amended annual report for free or wait until the next submission.

  • Corporations

The Articles of Incorporation of your Rhode Island corporation includes basic information about the officers and directors, such as their names, addresses, and contact information. If there are any changes to any of these pieces of information, report it to the state. You can either file an amendment or make the changes in the annual report. If you already filed the annual report, you can submit an amended annual report or wait until the next submission.

C. Changing Address Related To The Business –

  • LLCs

The address of your Rhode Island LLC is the state’s way of contacting your company. So, it is necessary to report changes to the operating address and registered office of your company. You can either file an amendment or include the change in your annual report.

  • Corporations

The same thing is true for Rhode Island corporations. The state must know where your company is located. Report any changes to your corporation’s operating address or registered office. You can either file an amendment or include the change in your annual report.

D. Changing Contact Information –

  • LLCs

The contact information of your LLC is a way for the state to communicate with your company. So, you have to report any changes you make to your company’s contact information. You can input the phone number and email address of the authorized representative in the filer contact information section of the form.

  • Corporations

The state needs to have up to date records about the contact information of your Rhode Island corporation. This way, it can easily contact your company. The form includes a filer contact information section where you can include the email address and phone number of your company’s authorized representative.

E. Changing The Number Of Shares That A Corporation Is Authorized To Issue – Rhode Island LLCs cannot issue shares. So, they do not have to be concerned about this specific amendment. On the other hand, Rhode Island corporations that want to change the number of shares they are authorized to sell have to file an amendment.

What Is Needed To File An Amendment?

LLC

Rhode Island LLCs can file Articles of Amendment to Articles of Organization with the Secretary of State in paper form by mail or in person. Only LLCs in good standing can file an amendment. The state also allows online filings. You just have to visit the Business Services page on the website of the Secretary of State. Choose the File Corporate Forms and File Online by Credit Card. Payment for filing an amendment costs $50.

Corporation

The same rule applies to corporations. Only those in good standing can file an amendment. If you choose to file by paper form, you can submit the Articles of Amendment to the Articles of Incorporation to the Secretary of State by mail or in person. Online filings can be done in the Business Services page of the website of the Secretary of State. Click File Corporate Forms and File Online by Credit Card. You also need to include a $50 filing fee.

How Can DoMyLLC Assist With Streamlining The Process?

Making changes to a company’s formation documents require proper completion and filing of paperwork. Depending on the changes, you may also have to take care of other documents. To help ease the process, you can turn to a reliable document filing company like DoMyLLC. Our team can provide support and assistance to Rhode Island business owners who need help in handling formalities to ensure compliance with the state.

Rhode Island Amendment FAQs

Is There A Filing Fee For The Amendment?

The filing fee for an amendment is $50. Rhode Island corporations that want to increase their shares will have to pay an additional fee. Contact the Secretary of State to find out how much it is.

What Information Is Required For The Articles Of Amendment?

LLCs have to provide the following information:

  • Name of the company
  • Entity ID number
  • Exact text of the amendment
  • Authorized signature
  • Contact information and address of the filer
  • Customer identification number and pin

Corporations have to provide the following information:

  • Name of the company
  • Exact text of the amendment
  • Effective date
  • Contact information and address of the filer
  • Customer identification number and pin
How Long Does It Take The State To Process The Amendment?

The Secretary of State takes approximately 7-10 business days to process mailed documents. If you submit in person before 4 PM, they will process your documents on the same day.

Do You Receive A Copy Of The Certified Amendment From The State?

The Secretary of State does not send copies of amendments to companies. But, you can download it from their website.

Rhode Island Business Resources

Rhode Island Office of Secretary of State
Phone:
(401) 222-3040

Address:
Rhode Island Secretary of State
148 W. River Street
Providence, RI 02904-2615

If you’re interested in more info on filing an amendment, call 888-366-9552.

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