Directors Resolution to Sell Shares in Subsidiary (USA)

Authorize the sale of shares in a subsidiary by a USA corporation with this Directors Resolution form. The directors authorize the president to enter into a stock purchase agreement in order to sell shares that the corporation holds in one of its subsidiaries. The sale is not being contemplated in order to defeat the corporation's creditors. This USA Directors Resolution to Sell Shares in Subsidiary is available as a downloadable and fully editable MS Word file.