Authorized Shares Of In Collin

• Category: Corporations - Minutes and Resolutions - Actions
• State: Multi-State
• County: Collin
• Control #: US-0034-CR
• Format: Word; Rich Text

Description

The document titled 'Resolution of the Shareholders and Directors' pertains to the amendment and restatement of the Articles of Incorporation for a corporation. It emphasizes the importance of authorizing amendments to the corporation's governance documents, particularly in terms of its authorized shares in Collin. Key features of this form include the resolution to amend the Articles, the directive for the Secretary to make necessary filings, and the authority granted to corporate officers to execute documents pertaining to these amendments. Additionally, the form ratifies prior actions taken by officers under the authority of the resolution. This document serves as a crucial tool for attorneys, partners, owners, associates, paralegals, and legal assistants, as it simplifies the process of documenting corporate governance changes. It provides clear instructions for filling out and executing the resolution, making it accessible to individuals with limited legal experience. Furthermore, the form can be used in various scenarios such as increasing the amount of authorized shares, restructuring ownership interests, or facilitating changes in corporate management.