Wisconsin Stock Dividend — Resolution For— - Corporate Resolutions is a legal document used by corporations based in Wisconsin to declare and distribute stock dividends to their shareholders. This form outlines the necessary steps and resolutions that need to be taken and approved by the corporation's board of directors. Keywords: Wisconsin, stock dividend, resolution form, corporate resolutions, legal document, shareholders, board of directors. There are several types of Wisconsin Stock Dividend — Resolution For— - Corporate Resolutions that can be named based on specific circumstances or provisions. These include: 1. Cash Dividend Resolution: This type of resolution declares a dividend to be paid to shareholders in the form of cash, based on the number of shares they hold. 2. Stock Dividend Resolution: This resolution authorizes the distribution of additional shares of the corporation's stock to existing shareholders, proportionate to their current ownership. 3. Property Dividend Resolution: This resolution authorizes the distribution of assets or property owned by the corporation to its shareholders as a dividend, instead of cash or stock. 4. Scrip Dividend Resolution: This resolution declares a dividend to be paid in the form of scrip, which is a temporary certificate that can later be exchanged for stock or cash. 5. Liquidating Dividend Resolution: In certain situations where a corporation is winding up its affairs or closing down, this resolution authorizes the distribution of its remaining assets to shareholders as a final dividend payment. Each type of resolution has its own specific requirements and considerations, which are outlined in the Wisconsin Stock Dividend — Resolution For— - Corporate Resolutions document. Shareholders can refer to this form to gain a comprehensive understanding of the dividends being distributed and the legal processes involved in their approval and implementation.
Wisconsin Stock Dividend - Resolution Form - Corporate Resolutions
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