The articles of incorporation must prescribe the classes of shares and the number of shares of each class that the corporation is authorized to issue. Increase or decrease of capital stock authorized.Authorized capital stock is the largest amount of shares a company is permitted to issue. Any bank may provide in its articles of incorporation or amendments thereto for authorized but unissued shares of its capital stock. Authorized stock is the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation. Authorized shares is the maximum number of shares that the board of directors is "authorized", or allowed to issue. In the area beneath the "Name Of Corporation" box, enter the number of shares the corporation is authorized to issue. I The articles of Mr. Cook appearing in the AMEIaiCAN BAR AssocrA.voN. Outstanding shares of stock (including nonvoting stock). City or Town. State.

Capital Stock Vs Authorized Capital Stock In Washington

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