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Submit the completed form in duplicate along with the filing fee. Designations, preferences, limitations and relative rights.A resolution is a formal way in which a company can note decisions that are made at a meeting of company members. Shareholders cast votes at a company's annual meeting. If they cannot attend, they may utilize a proxy vote to convey their wishes. A class or series of shares with complete voting rights. A board resolution is sometimes called a corporate resolution or directors' resolution. How do classes or series of shares differ? As a whole, a corporation's share capital must provide one or more shareholders with:. The shares in stock corporations may be divided into classes or series of shares, or both.