The Resolution of the Board of Directors is a formal document used for the share issue within Dallas, specifically tailored for business corporations. This resolution facilitates the issuance of common stock by authorizing the President and Secretary of the Corporation to issue share certificates to individuals after receiving the specified cash payment. Key features include clear sections for the name of the shareholder, the number of shares, and the consideration provided for those shares. Users must accurately fill out details such as the date, names, and payment information. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in corporate governance, as it ensures compliance with corporate bylaws and provides a clear record of share issuance. It also allows for the transfer of assets in exchange for shares, catering to complex financial arrangements. By following the outlined instructions, legal professionals can streamline the issuance process while maintaining proper documentation for their corporations.