Products tagged with 'authorization to issue new shares'

Prepare a Directors Resolution authorizing the issue of new shares of stock with this free template for USA corporations.

• Each time the corporation receives a subscription for shares of stock, the issue of the shares must be approved by the directors.
• The Board resolves to accept the subscription and once the share price is paid, the corporate secretary is authorized to issue a stock certificate.
• You can re-use this template every time a new share issue needs to be approved.
• The USA Directors Resolution form for issuing new shares can be used by any company incorporated in the United States that has share capital.

Prepare a Directors' Resolution to reissue shares following a name change with this free template for Canadian corporations.

• When a corporate entity changes its name following an amalgamation, merger or otherwise, the previously issued and outstanding shares must be cancelled and new shares issued under the new name.
• This requires the authorization of the directors by way of a resolution.
• This corporate resolution template can be used in any province or territory of Canada which has a Business Corporations Act in effect.
• Available in MS Word format.

Before a stock dividend can be paid to a corporation's shareholders, the Directors must pass a resolution to that effect.

• This template Directors' Resolution declares a dividend payable on the corporation's shares of stock.
• The dividend will be paid by way of issuing new shares to the shareholders on a pro rata basis (based on the ratio of their current shareholdings to the aggregate of all outstanding shares issued by the corporation).
• This is a generic corporate form (not country specific).
• Download your copy of the Directors Resolution Declaring Stock Dividend and present it to the Board for signature.

Prepare a Directors Resolution to authorize the issuance of new shares in a Canadian business corporation with this easy-to-use template.

Every time shares are issued in a corporation, the directors must approve the issuance. You can re-use this Directors Resolution template every time, by inserting the details in the spaces provided.

Purpose of Directors Resolution

The directors accept the subscriptions for new shares and authorize the corporation to issue share certificates to the subscribers upon payment of the share price.

Format and Jurisdiction

This is a downloadable MS Word template. The form can be used by any privately owned corporation incorporated under a Business Corporations Act within Canada.