Authorized stock is the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation. There were 40,000,000 shares of Common Stock authorized, and 17,604,122 shares of Common Stock issued and outstanding, as of June 30, 2022.Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. This Association has no authority whatsoever to issue any capital stock. Use the free New Jersey Online Filing Service to file your 2024 NJ-1040 return. It's simple and easy to follow the instructions, complete your NJ tax return,. The merger of two holding companies is authorized under General Laws chapter 167H, section 7, paragraph (3). BP Capital Markets B.V. established on August 7, 2020, is a wholly owned subsidiary of BP International Limited, Middlesex, England. The defendant trustees held 570 shares out of its outstanding capital stock of 615 shares. In addition, Curren held individually 15 shares and Smith, 25 shares.