What should a bill of sale for issued stock include? The board may authorize the issuance of some or all of the shares of any or all of its classes or series without certificates.A corporation that is organized on a stock basis may issue the number of shares authorized in its articles of incorporation. Stock certificate forms may be obtained from various online sources and many officesupply stores. The Michigan Corporation will be able to issue shares of stocks to employees and investors, unlike an LLC in Michigan. Michigan Corporation Requirements.