Issue Price For Stock In King
State:
Multi-State
County:
King
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
Description
The document, titled Resolution of the Board of Directors, outlines the procedures for issuing stock in King, specifically addressing the issue price per share at One Dollar ($1.00) for common stock. It provides a formal structure for board members to acknowledge and authorize stock issuance based on cash payments or asset transfers. Key features include sections for listing the names of recipients, the number of shares issued, and the consideration provided. Filling instructions guide users to complete fields carefully, especially regarding the amounts and names specified. This form is useful for attorneys, partners, and legal professionals facilitating stock transactions or corporate governance, ensuring compliance with corporate bylaws. Paralegals and legal assistants will find it handy for preparing documentation related to stock issuance. The form serves as a record of decisions made by the board, which can be vital for future reference or compliance audits. Additionally, it simplifies the stock issuance process, making it accessible to individuals with varying levels of legal knowledge.
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