What should a bill of sale for issued stock include? I usually advise companies to authorize around 10 to 15 million shares of common stock.Around 8 or 9 million shares are issued to founders. "Authorized shares" refers to the number of shares the corporation is allowed to issue under its certificate or articles of incorporation. The statement shall contain: (a) the name of the corporation;. The following Minnesota Business Corporations forms are available in pdf. Use the following form to register a Minnesota Business Corporation. This page provides information on the following securities. We don't issue them anymore, but you still may own them. You can avoid paying taxes on your appreciated assets and support our students before year end.