The Rhode Island Certificate of Votes Authorizing Issuance of Class or Series of Any Class of Shares (Domestic Corp) is a document that is required by the Rhode Island Secretary of State for any domestic corporation that wishes to issue shares of any class or series of shares. The Certificate of Votes Authorizing Issuance must be approved by the board of directors and shareholders of the corporation before the shares can be issued. The document must include the name of the corporation, the number of shares to be issued, the class or series of the shares, the type of consideration to be received for the shares, and a description of the rights, privileges, and restrictions associated with the shares. The Certificate of Votes Authorizing Issuance must be signed by all directors and shareholders and notarized. There are two types of Rhode Island Certificate of Votes Authorizing Issuance of Class or Series of Any Class of Shares (Domestic Corp): (1) Those authorizing the issuance of newly authorized shares of any class or series of shares, and (2) those authorizing the issuance of previously authorized shares of any class or series of shares.
Rhode Island Certificate of Votes Authorizing Issuance of Class Or Series of Any Class of Shares (Domestic Corp)
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