Broward Florida Resolución de los directores de una corporación cerrada que autoriza la redención de acciones - Resolution of Directors of a Close Corporation Authorizing Redemption of Stock

• Category: Corporaciones - Reuniones Organizativas - Virginia
• State: Multi-State
• County: Broward
• Control #: US-02533BG
• Format: Word

Description

Modern corporation statutes give corporations a wide range of powers. Generally, a corporation may purchase its own stock if it is solvent. The Broward Florida Resolution of Directors of a Close Corporation Authorizing Redemption of Stock is a legal document that outlines the steps and conditions for redeeming stock in a close corporation located in Broward County, Florida. This resolution is typically created and implemented by the board of directors of the close corporation, as specified in its bylaws, to facilitate the redemption process in a structured and legally compliant manner. Some relevant keywords for this topic include Broward County, Florida, resolution, directors, close corporation, redemption, and stock. Different types of Broward Florida Resolution of Directors of a Close Corporation Authorizing Redemption of Stock may include: 1. Voluntary Stock Redemption Resolution: This type of resolution is used when a stockholder voluntarily requests the redemption of their shares. It outlines the terms, conditions, and procedures for the redemption, ensuring the interests of both the corporation and the stockholder are protected. 2. Mandatory Stock Redemption Resolution: In certain situations, a close corporation may require the redemption of stock, such as when a stockholder violates certain provisions of the corporation's bylaws or shareholder agreement. This resolution establishes the grounds for mandatory redemption and provides guidelines for the process. 3. Stock Redemption Agreement Resolution: This type of resolution is specifically designed to authorize the redemption of stock according to a preexisting stock redemption agreement between the corporation and its stockholders. It ensures that the terms and conditions specified in the agreement are followed during the redemption process. 4. Partial Stock Redemption Resolution: A resolution of this type is used when the corporation intends to redeem only a portion of a stockholder's shares. It outlines the specifics of how the partial redemption will be conducted, including the calculation of the number of shares to be redeemed and the method of payment. 5. Stock Redemption Price Determination Resolution: This resolution focuses on determining the price at which the stock will be redeemed. It discusses the valuation methods or formulae to be used, any applicable discounts or premiums, and the factors considered in establishing a fair redemption price for the stockholder. Regardless of the specific type of Broward Florida Resolution of Directors of a Close Corporation Authorizing Redemption of Stock, it is crucial for the corporation to consult with legal professionals experienced in corporate law to ensure compliance with local and state regulations.

The Broward Florida Resolution of Directors of a Close Corporation Authorizing Redemption of Stock is a legal document that outlines the steps and conditions for redeeming stock in a close corporation located in Broward County, Florida. This resolution is typically created and implemented by the board of directors of the close corporation, as specified in its bylaws, to facilitate the redemption process in a structured and legally compliant manner. Some relevant keywords for this topic include Broward County, Florida, resolution, directors, close corporation, redemption, and stock. Different types of Broward Florida Resolution of Directors of a Close Corporation Authorizing Redemption of Stock may include: 1. Voluntary Stock Redemption Resolution: This type of resolution is used when a stockholder voluntarily requests the redemption of their shares. It outlines the terms, conditions, and procedures for the redemption, ensuring the interests of both the corporation and the stockholder are protected. 2. Mandatory Stock Redemption Resolution: In certain situations, a close corporation may require the redemption of stock, such as when a stockholder violates certain provisions of the corporation's bylaws or shareholder agreement. This resolution establishes the grounds for mandatory redemption and provides guidelines for the process. 3. Stock Redemption Agreement Resolution: This type of resolution is specifically designed to authorize the redemption of stock according to a preexisting stock redemption agreement between the corporation and its stockholders. It ensures that the terms and conditions specified in the agreement are followed during the redemption process. 4. Partial Stock Redemption Resolution: A resolution of this type is used when the corporation intends to redeem only a portion of a stockholder's shares. It outlines the specifics of how the partial redemption will be conducted, including the calculation of the number of shares to be redeemed and the method of payment. 5. Stock Redemption Price Determination Resolution: This resolution focuses on determining the price at which the stock will be redeemed. It discusses the valuation methods or formulae to be used, any applicable discounts or premiums, and the factors considered in establishing a fair redemption price for the stockholder. Regardless of the specific type of Broward Florida Resolution of Directors of a Close Corporation Authorizing Redemption of Stock, it is crucial for the corporation to consult with legal professionals experienced in corporate law to ensure compliance with local and state regulations.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.