Alteration of memorandum or articles: note changes on every copy; company and officers face penalties for noncompliance. Any alteration of the memorandum or articles must be noted in every copy of the memorandum or articles; if the company defaults, the company and every ... Summary
Alteration of memorandum or articles: note changes on every copy; company and officers face penalties for noncompliance.
Any alteration of the memorandum or articles must be noted in every copy of the memorandum or articles; if the company defaults, the company and every officer in default are liable to a monetary penalty for each copy issued without such notation.
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