Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Change Class Of Shares In New York
State:
Multi-State
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
When creating a new share class, the two documents you will need are: Board Resolution: this provides the Board minutes asking the shareholders for permission to create the new share class. Shareholders Resolution: this provides the shareholder approval.
How to Transfer Ownership of a Corporation Consult your Articles of Incorporation and corporate bylaws. Contact the board of directors or shareholders. Find a buyer. Transfer ownership of stock. Inform the Secretary of State.
Complete and file Companies House form SH08 Upon passing the resolution, the directors must complete form SH08 – Notice of name or other designation of class of shares with the following details: Company registration number. Company name in full. The date on which the redesignation took place.
More info
Complete and file the Certificate of Change with the Department of State. What are Shares of Stock and how are they used?When starting a corporation, should you issue stock to your shareholders? Learn about types and classes of stock, their unique benefits, and disadvantages. Here we set out what steps to take when creating a wholly new share class, and also provide a number of free templates you can adapt and use.