money sectionmoney sectionState laws govern the formation and registration requirements for corporations. In most states, incorporators are responsible for registering their businesses, appointed registered agents and preparing their corporate articles of incorporation. Typically, each state's secretary of state is responsible for ensuring that incorporators comply with state licensing and business registration requirements. Many states -- but not all -- allow corporations to amend their articles of incorporation and to modify public records by changing the names or addresses of the original incorporators.
The information contained in a corporation's certificate of incorporation must remain accurate. Whenever something changes--perhaps a new principal place of business is used or more stock is authorized--you have to file an amendment to keep the information about your corporation accurate. To amend a certificate of incorporation in Delaware, you must prove that the corporation authorized the amendment and you must file an amendment form.
A settlement agreement is a contract made between two parties to resolve a conflict before a lawsuit. In a settlement, the parties agree to a mutual plan for the defendant to reimburse the plaintiff for the damages he believes he has suffered. Except for class action lawsuits, settlement agreements are not reviewed by the court, so a settlement between two parties can include almost any term or provision. Because there's no court involvement, incorporating an amendment into the settlement agreement is relatively easy provided that both parties agree to the amendment's terms.
