Form with which a corporation may resolve to issue additional Capital Stock in the corporation.
Capital Stock Definition In Philadelphia
State:
Multi-State
County:
Philadelphia
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
7702. Definitions. 7703. Corporations. 7704. Articles of incorporation. 7705. Capital stock. 7706.Section 155.28 - Capital stock value methods-fixed formula (a)Prior methods inapplicable. Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. This method uses the current earnings, the 5 year average earnings and stockholder equity to determine the capital stock value. Overview. The bank and trust company shares tax is imposed on every bank and trust company having capital stock and doing business in Pennsylvania. Equity is composed of total investment or paid capital (i.e. A shareholder agreement outlines the rights and responsibilities of your corporation's shareholders or those who own stock in your business.