The Resolution of the Board of Directors form is essential for capital stock formation in Contra Costa. This document outlines the authorization by the Board to issue common stock in exchange for cash or assets. Key features include spaces for the corporation's name, details of issued shares, and the consideration for which shares are issued, ensuring clear records of ownership. Filling instructions highlight the need for accurate completion of names, shares, and considerations before signing. This form facilitates compliance with corporate bylaws and state regulations, making it particularly useful for attorneys and legal assistants involved in corporate governance. Additionally, partners, owners, and associates can utilize this form to formalize their stock issuance, securing their equity interests in the corporation. Paralegals and legal assistants will find this resolution aids in maintaining organized documentation of corporate actions, crucial for any legal audits or future business transactions.