Issue Price For Stock In Mecklenburg
State:
Multi-State
County:
Mecklenburg
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
Description
The document is a Resolution of the Board of Directors for a corporation in Mecklenburg, specifically outlining the issue price for stock. This form authorizes the corporation's President and Secretary to issue certificates representing ownership of shares to individuals who provide cash or assets in exchange. The resolution ensures that shares are fully paid and non-assessable, with a specific par value of one dollar per share. It includes sections for the names of individuals, the number of shares being issued, and the consideration provided. This form is crucial for ensuring that the issuance of stock is documented following corporate governance requirements. The target audience, which includes attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form useful for maintaining compliance with state regulations and corporate bylaws. Proper filling and editing of this resolution can prevent legal disputes related to stock issuance and ownership. Additionally, it serves as a formal record for corporate transactions, enhancing transparency and accountability.
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