Form with which a corporation may resolve to issue additional Capital Stock in the corporation.
Capital Stock Definition In Pennsylvania
State:
Multi-State
Control #:
US-0040-CR
Format:
Word;
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7702. Definitions. 7703. Corporations. 7704. Articles of incorporation. 7705. Capital stock. 7706.This method uses the current earnings, the 5 year average earnings and stockholder equity to determine the capital stock value. Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. Section 155.28 - Capital stock value methods-fixed formula (a)Prior methods inapplicable. Overview. The bank and trust company shares tax is imposed on every bank and trust company having capital stock and doing business in Pennsylvania. Only two states have retraced their steps. This chapter applies to and the word "association" in this chapter means a corporation with or without capital stock incorporated under any of the following: Companies located in the state were subject to the capital stock tax. A shareholder agreement outlines the rights and responsibilities of your corporation's shareholders or those who own stock in your business.