Form DSCB:15-2104 / 2305 Articles of Amendment - Election of Nonstock / Statutory Close Status - Pennsylvania

What Is Form DSCB:15-2104/2305?

This is a legal form that was released by the Pennsylvania Department of State - a government authority operating within Pennsylvania. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DSCB:15-2104/2305?
A: Form DSCB:15-2104/2305 is a Pennsylvania form used for filing Articles of Amendment to elect nonstock or statutory close status.

Q: What are Articles of Amendment?
A: Articles of Amendment are legal documents used to make changes to a company's formation documents, such as its articles of incorporation.

Q: What is nonstock status?
A: Nonstock status refers to a type of organization that does not have shareholders or issue stock. These organizations are usually nonprofits or associations.

Q: What is statutory close status?
A: Statutory close status refers to a type of corporation with a limited number of shareholders, typically family members or close acquaintances. These corporations have restrictions on transferring shares.

Q: What is the purpose of electing nonstock or statutory close status?
A: Electing nonstock or statutory close status allows a corporation to operate as a nonstock organization or a closely-held corporation with limited shareholders and transferability of shares.

Q: Who would use Form DSCB:15-2104/2305?
A: Form DSCB:15-2104/2305 would be used by Pennsylvania corporations seeking to elect nonstock or statutory close status.

Q: Are there any fees associated with filing Form DSCB:15-2104/2305?
A: Yes, there may be fees associated with filing Form DSCB:15-2104/2305. It is recommended to check with the Pennsylvania Department of State for the current fee schedule.