"Authorized shares" refers to the number of shares the corporation is allowed to issue under its certificate or articles of incorporation. To register with Bexar County, verify your eligibility.The Online Services Portal is available to ALL owners that would like to conduct business with the Appraisal District electronically. SUBCHAPTER A. GENERAL PROVISIONS. Sec. 21.002. DEFINITIONS. Authorized stock is the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation. Every state demands that you supply three basic facts about your business: its corporate name, its registered agent and the number of authorized shares. "Authorized shares" refers to the number of shares the corporation is allowed to issue under its certificate or articles of incorporation. Authorized stock is the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation. Authorized capital is the highest valued amount of securities a company can issue to shareholders without violating the law. The Corporation is authorized to issue two (2) classes of shares, designated "Common Stock" and "Preferred Stock.

Authorized Shares Of Stock In Bexar

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