Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Authorized Shares Of In Alameda
State:
Multi-State
County:
Alameda
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
By having a higher number of authorized shares than what's currently issued, a company can quickly adapt to changing financial needs. This can include raising funds for expansion, acquiring other businesses or restructuring debt.
Authorized Shares For example, a corporation with three owners may decide to authorize 1,000 shares and issue 250 shares to each owner (750 shares issued). This leaves 250 shares to issue to future investors or partners.
The number of authorized shares is specified in the company's articles of incorporation. You can also see the number in the capital accounts section on the balance sheet.