Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Resolution For Shares Consolidation In San Antonio
State:
Multi-State
City:
San Antonio
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
What is Shareholders' resolution to issue shares? A Shareholders' Resolution to Issue Shares is a resolution to be passed by the shareholders of a company to approve the allotment and issue of new shares. This document may be used for the issue of ordinary shares or preference shares.
Before company shares may be sold or transferred from one person to another, the company must establish a resolution to sell corporate shares. The sale of this stock must be approved by the company's board of directors. Afterwards, shares would be eligible to be sold from one person to another.
A Directors' Resolution to Issue Shares is a resolution to be passed by the directors of a company to approve the allotment and issue of new shares.
