Capital Contribution Resolution In Georgia
State:
Multi-State
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
Description
The Capital Contribution Resolution in Georgia serves as a formal document adopted by a corporation's Board of Directors to authorize the issuance of shares in exchange for capital contributions. This form is essential for organizations looking to secure funds or assets through equity investments. Key features of the resolution include the specific identification of contributors, the number of shares issued, and the consideration provided, which can be cash or assets. Filling out the form involves details about the contributors, their shares, and respective valuations as outlined in the exhibits attached. The resolution must be officially recorded and certified by the corporation's Secretary post-approval. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in corporate finance, ensuring compliance with legal requirements and facilitating transparent capital contributions. By utilizing this resolution, these professionals can help safeguard corporate interests while promoting financial growth.
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