The Capital Form Resolutions for 2023 in Michigan is designed for corporations to formally document decisions made by their Board of Directors regarding the issuance of common stock and the transfer of assets. This form allows for the clear recording of pertinent details such as the name of the corporation, the meeting date, and the specifics of stock issuance. It includes sections to specify the number of shares and consideration received for those shares, ensuring compliance with corporate bylaws and legal requirements. This form serves critical purposes for target users including attorneys, partners, owners, associates, paralegals, and legal assistants by providing a structured format to maintain corporate governance records. Filling out this form involves clearly detailing each director’s signatures and the secretary's certification, verifying the resolution's adoption. It is particularly useful for documenting stock transactions and should be carefully reviewed for accuracy before submission. Balancing clarity and legality, this document aids in maintaining transparency and accountability within the corporation.