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Change Amount of Authorized Shares - Resolution Form - Corporate...

Authorized Shares Of In New York

Category:

Corporations - Minutes and Resolutions - Actions

State:

Multi-State

Control #:

US-0034-CR

Format:

Instant download

Description

Form with which a corporation may alter the amount of outstanding shares issued by the corporation.

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New York requires a statement of the number of authorized shares and whether the shares are with par value or without par value. Every corporation shall have power to create and issue the number of shares stated in its certificate of incorporation.Such shares may be all of one class. "Authorized shares" refers to the number of shares the corporation is allowed to issue under its certificate or articles of incorporation. We make it simple to incorporate your New York business. New York's standard form (DOS1239f) only provides for a corporation with 200 common shares with no par value. Authorized stock is the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation. What are Shares of Stock and how are they used? The number of authorized shares is specified in the company's articles of incorporation. Section 5001 - Authorized shares 1.

Authorized Shares Of In New York

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