Calculating financial ratios can help investors understand a company's financial position. The general business of the Association shall be conducted at its main office and its branches. THIRD.The term "authorized, issued and outstanding" refers to shares in a company that have been sold publicly. A limited special occasion permit authorizes the permittee to bring fortified wine and spirituous liquor onto the premises of a business. 1. Fill out the Affidavit for Collection of Personal Property of Decedent (AOC-E-203B). 2. Authorized shares represent the total number of shares a corporation can sell as stated in its charter. Authorized shares fall into three categories: reserved, allocated, or issued. They are "authorized" because they fall within the maximum number of shares a company can sell according to its corporate charter. Beginning in the 2021–22 academic year, extensive changes occurred in NCAA conference membership, primarily at the Division I level.