Which of the following is NOT a requirement for amending and cancelling a certificate?

An amendment to a certificate typically requires a series of formal steps for it to be valid and legally recognized. The correct response highlights that an amendment must be documented in writing, as maintaining a clear and official record of changes is essential in legal contexts. Written amendments provide clarity and serve as proof of the changes made, which is crucial for regulatory compliance and maintaining the integrity of corporate governance.

Choosing the option that states the amendment need not be in writing indicates a misunderstanding of standard practices related to corporate documentation. Written records not only fulfill legal requirements but also protect the interests of all parties involved by providing a reliable reference for future operations and governance decisions.

The other requirements mentioned, such as needing signatures from all members and filing with the Securities and Exchange Commission, reflect the necessary procedures to ensure that amendments are executed with proper authority and made public, further emphasizing the importance of formalized processes in corporate governance. These steps are intended to safeguard the interests of stakeholders and ensure transparency in the company's operations.