West Virginia Authorize Sale of fractional shares

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US-CC-4-512
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This is a multi-state form covering the subject matter of the title.
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FAQ

You need to do three things in order to start a corporation in West Virginia: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Business Division. You can file this document online or by mail, fax, or email. The articles cost $100.

Related Content. The fractions of shares to which shareholders are entitled on a rights issue or open offer when their entitlement is not a whole number.

Shares issued by a corporation that equal less than one full share of stock. Fractional shares are often issued in connection with stock-for-stock mergers, stock dividends, reverse stock splits, and other similar corporate actions.

Forming a West Virginia LLC requires filing Articles of Organization with the West Virginia Secretary of State's Business and Licensing Division. You'll need to pay a $100 fee to file the articles with a paper form, or $101 to do so through the West Virginia One Stop Business Portal.

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West Virginia Authorize Sale of fractional shares