Issue Shares Without Shareholder Approval In Maricopa
State:
Multi-State
County:
Maricopa
Control #:
US-0041-CR
Format:
Word;
Rich Text
Instant download
Description
The document is a resolution by the Board of Directors authorizing the issuance of corporate stock without requiring shareholder approval in Maricopa. The resolution outlines the process for issuing shares in exchange for cash or the transfer of assets, ensuring that the shares are fully paid and non-assessable at a par value of one dollar per share. Key features include sections for the names of individuals receiving shares, the number of shares issued, and consideration values. The form requires signatures from all directors to validate the resolution. Filling out this form can assist users in documenting the approval process clearly. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in managing corporate governance efficiently. This form simplifies compliance with corporate laws where shareholder approval is not necessary, streamlining the stock issuance process to promote business agility.
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