Each class of stock and how many shares of each class the corporation is authorized to issue. The number of authorized shares must be greater than zero.The articles of incorporation shall authorize both of the following: 1. One or more classes of shares that together have unlimited voting rights. 2. Arizona articles of incorporation are filed to create a corporation. This guide provides instructions and tips when preparing and filing this legal document. The standard number of authorized shares in Arizona is 1000 shares, with no-par value. "Authorized shares" means the shares of all classes that a domestic or foreign corporation is authorized to issue. 8. "Authorized shares" refers to the number of shares the corporation is allowed to issue under its certificate or articles of incorporation. 1. How and where do I submit documents for filing?

Authorized Shares Formula In Arizona

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