Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. Outstanding shares are shares of stock that have been issued.This form is for general instructions that apply to all corporation tax forms. It includes a variety of topics about how to fill out your form. The Director may approve any amendment to a Bank's capital plan as submitted or may condition approval on the Bank's compliance with certain stated conditions. Capital stock, also known as authorized stock, refers to all common stock and preferred stock a corporation is legally allowed to issue. The Buyer desires and intends to acquire the Shares from the Shareholders at the price and on the terms and subject to the conditions set forth below. Section 4.1 Authorized Stock. Increase or Decrease in Authorized Capital Stock. Non-Citizen Voting and Ownership Limitations.