Louisiana Amendment of terms of Class B preferred stock

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US-CC-3-366
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This sample form, a detailed Amendment of Terms of Class B Preferred Stock document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

In residual equity theory, residual equity is calculated by subtracting the claims of debtholders and preferred shareholders from a company's assets. Preferred shares are removed from equity and considered a liability.

Equity securities are financial assets that represent ownership of a corporation. The most prevalent type of equity security is common stock. And the characteristic that most defines an equity security?differentiating it from most other types of securities?is ownership.

Common shares represent residual ownership in a company and in the event of liquidation or dividend payments, common shares can only receive payments after preferred shareholders have been paid first.

There are two types of equity securities: common shares and preference shares.

Common shares represent residual ownership in a company and in the event of liquidation or dividend payments, common shares can only receive payments after preferred shareholders have been paid first.

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Louisiana Amendment of terms of Class B preferred stock