Outstanding shares are shares of stock that have been issued. Authorized stock is the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.To learn more about stock and how shares should be authorized or shared, read this post and reach out to our skilled lawyers today. Superior Court of California, County of San Bernardino. 22 ward in the action or proceeding. The Inventory and Appraisal is a legal document providing a complete listing of the estate assets as of a particular date, usually the date of death. The product stored at this facility is processed and shipped out of our San Bernardino distribution center. Other names for authorized shares are authorized capital stock and authorized stock. Issuing all of the authorized capital isn't required. MINUTES: of a regular meeting of the City Council of the City of Redlands held in the.