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Export date: Tue Apr 16 20:48:17 2024 / +0000 GMT

What are authorized shares?


Authorized shares are the number of shares your corporation 1 is authorized to issue 2. You do not have to issue all of your authorized shares, and frequently it can be a mistake to do so. Authorized shares merely sit on the corporate books as shares available to issue. If you need to issue more shares than are authorized, you will need to amend the corporations's Articles 3.
Excerpt: Authorized shares are the number of shares your corporation is authorized to issue. You do not have to issue all of your authorized shares, and frequently it can be a mistake to do so. Authorized shares do not vote, and do not participate in dividends.
Links:
  1. https://www.readysetincorporate.com/faq-items/what -is-a-corporation/
  2. https://www.readysetincorporate.com/faq-items/what -are-issued-shares/
  3. https://www.readysetincorporate.com/faq-items/what -are-articles-of-incorporation/
Post date: 2015-07-12 16:41:26
Post date GMT: 2015-07-12 23:41:26

Post modified date: 2019-11-05 17:35:58
Post modified date GMT: 2019-11-06 01:35:58

Export date: Tue Apr 16 20:48:17 2024 / +0000 GMT
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