The Capital Stock example in Orange is a formal legal document utilized by corporations to record resolutions made by the Board of Directors regarding the issuance of common stock. This form outlines specific provisions for issuing shares, including details about consideration paid, amounts, and the identities of individuals receiving stocks. Key features of the form include a section for naming the corporation, specifying the number of shares issued, and acknowledging the payment received for these shares. It also provides a certificate section for the Secretary of the Corporation to affirm the adoption of the resolution. This form is particularly useful for attorneys, partners, and corporate owners who are responsible for maintaining accurate corporate records and ensuring compliance with corporate governance. Paralegals and legal assistants may find this document valuable for preparing corporate minutes and facilitating stock issuance processes. The clear structure and concise instruction make it accessible even for users with limited legal experience.