Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Shares For Resolution In Tarrant
State:
Multi-State
County:
Tarrant
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
A written resolution is passed when the required majority of eligible members have signified their agreement to it. Any provisions in a company's articles of association attempting to prevent a resolution being passed as a written resolution is void.
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.
Must include the specific date and time when the board met to pass the resolution. Must authorize a specific person or persons by name and title. Must include the types of contracts and agreements the specific individual or individuals can execute on behalf of the corporation.
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.