Your corporation may at some point decide to pay dividends on issued shares or to issue new shares to fund business growth.
Corporate Stock: Issue Shares and Pay Dividends explains the ins and outs of dividends and shares, including how types of dividends and shares differ and when the law allows your corporation to pay out dividends or issue new shares.
Written in plain English, this eGuide provides 19 resolutions to approve the issuance of new shares and the payment of cash, stock and property dividends to shareholders, including:
Approval of the Issuance of Shares
Sale and Issuance of Shares for Property
Sale and Issuance of Shares for Indebtedness Canceled
Sale and Issuance of Shares for Services
Sale and Issuance of Capital Stock for Assets and Liabilities of a Business
Bill of Sale and Agreement
Issuance of Shares in Exchange for Assignment of Trademark, Service Mark, Patent, or Copyright
Assignment
Issuance of Shares in Return for Cash and Promissory Note
Declaration of Cash Dividend
Authorization of Cash Dividend Payable in Installments
Declaration of Year-End Dividend
Declaration of Regular and Extraordinary Dividend
Declaration of Accumulated Dividend to Preferred Shareholders
Authorization of Property Dividend to Shareholders
Written Consent to Action Without a Meeting
Certification of Board or Shareholder Action
Affidavit of Corporate Decision Making
Acknowledgment
With Corporate Stock: Issue Shares and Pay Dividends you'll be able to share the wealth without worrying about what may lurk in the fine print.
“Nolo has published incredibly useful lay guidebooks and consumer software on legal issues [since 1971].” - San Francisco Chronicle
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ISBN
9780873376662
Included Forms
Stock Issuance Resolutions
Approval of the Issuance of Shares
Sale and Issuance of Shares for Property
Sale and Issuance of Shares for Indebtedness Canceled
Sale and Issuance of Shares for Services
Sale and Issuance of Capital Stock for Assets and Liabilities of a Business
Bill of Sale and Agreement
Issuance of Shares in Exchange for Assignment of Trademark, Service Mark, Patent, or Copyright
Assignment
Issuance of Shares in Return for Cash and Promissory Note
Stock Dividend Resolutions
Declaration of Cash Dividend
Authorization of Cash Dividend Payable in Installments
Declaration of Year-End Dividend
Declaration of Regular and Extraordinary Dividend
Declaration of Accumulated Dividend to Preferred Shareholders
Authorization of Property Dividend to Shareholders
Resolutions to Certify Board or Shareholder Actions
Written Consent to Action Without a Meeting
Certification of Board or Shareholder Action
Affidavit of Corporate Decision Making
Acknowledgment
Anthony Mancuso
Anthony Mancuso is a corporations and limited liability company expert. He graduated from Hastings College of Law in San Francisco, is a member of the California State Bar, writes books and software in the fields of corporate and LLC law, and studies advanced business taxation at Golden Gate University in San Francisco. He has also been a consultant for Silicon Valley EDA (Electronic Design Automation) companies, most recently working on a C++ open-source integrated circuit database project team. He is the author of several Nolo books on forming and operating corporations (both profit and nonprofit) and limited liability companies. His titles include Incorporate Your Business, How to Form a Nonprofit Corporation (national and California editions), Form Your Own Limited Liability Company, The Corporate Records Handbook, and LLC or Corporation? His books have shown over a quarter of a million businesses and organizations how to form a corporation or LLC. He also is a licensed helicopter pilot and has performed for years as a guitarist in many musical idioms.
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Introduction
Why Key Corporate Decisions Should Be Recorded
How Should Corporate Decisions Be Recorded?
Who Should Use These Forms?
When to Consult a Professional
Further Resources
Stock Issuance Resolutions
Legal and Tax Issues Affecting Stock Issuance
Stock Issuance Resolutions
Stock Dividend Resolutions
Stock Dividend Rules
Stock Dividend Resolutions
Action by Written Consent
Step 1: Check Your Bylaws for Your Written Consent Rules
Step 2: Prepare the Written Consent Form
Step 3: Place Signed Consent Forms in Your Corporate Records Book
Certification, Affidavit, or Acknowledgment of Corporate Decision Making