Capital Format Resolution For Trust In Ohio
State:
Multi-State
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
Description
The Capital Format Resolution for Trust in Ohio is a formal document used by corporations to authorize the issuance of common stock in exchange for cash or asset contributions. This resolution is typically adopted by the Board of Directors during a specified meeting. Key features include sections to list the names of individuals receiving shares, the number of shares issued, and the consideration given for these shares, either in cash or through asset transfers. The form requires signatures from directors to validate the resolution and a certification from the Secretary of the Corporation to confirm its adoption. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to ensure compliance with corporate governance requirements and proper documentation of stock issuance. By following the straightforward instructions for filling out and editing the document, users can effectively maintain accurate corporate records and facilitate legal transactions related to stock ownership.
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