Board Resolution Approving Subdivision of Issued Shares
About this template:
You can use this template as an example of a document containing details of the decision made to subdivide the [NUMBER] issued and outstanding Class [SPECIFY] shares of the Company to be signed by the board. The point of a Board Resolution is to address a specific issue that the board needs to decide on. It is a way of documenting a decision made by a Corporation's Board of Directors or Shareholders on behalf of the Corporation in writing. This particular board resolution deals with approving the subdivision of shares of your company. You can see more board resolution templates that you may find useful here https://www.templateguru.co.za/documents/board-resolutions/
Excerpt:
BOARD RESOLUTION OF [YOUR COMPANY NAME] APPROVING SUBDIVISION OF ISSUED SHARES WHEREAS it is appropriate and in the best interests of the Company to subdivide the [NUMBER] issued and outstanding Class [SPECIFY] shares of the Company on a [NUMBER] for [NUMBER] basis into [NUMBER] issued and outstanding Class [SPECIFY] shares
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File | Action |
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Board Resolution Approving Subdivision of Issued Shares.docx | Download |
- 1.0.0 Version
- 78 Download
- 25.57 KB File Size
- 1 File Count
- May 2, 2024 Create Date
- May 2, 2024 Last Updated
- www.lawyers-in-usa.com Source
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