Amended Certificate of AuthorityĪ document issued by a state to a foreign corporation evidencing that the corporation has amended its original certificate of authority. Alter EgoĪ doctrine of law which disregards the principle of limited liability enjoyed by a corporate entity when it is proven that, in fact, no separate identity of the individual and corporation exists. Also known as a Registered Agent or a Resident Agent.
Agent for Service of Process (aka "resident agent" or "registered agent")Īn agent, required to be appointed by a corporation, whose authority is limited to receiving process issued against the corporation. A corporation acts only through its agents therefore, it is important to define what actions an agent is authorized to perform. AgentĪnyone who is authorized to act on the behalf of another. This board is not bound by the duties imposed upon elected board members, and the corporation is not required to follow their recommendations. Advisory Board of DirectorsĪn advisory board of directors are individuals appointed to advise an elected board of directors. Administrative DissolutionĪn involuntary dissolution of a corporation by an act of the Secretary of State or similar state authority, caused by the corporation's failure to comply with certain statutory requirements especially the failure to file an annual report, to pay franchise taxes or maintain a valid Registered Agent. Obtaining control of another corporation by purchasing all or a majority of its outstanding shares, or by purchasing its assets.
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