DIY Legal Forms

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Waive Restrictions On Transfer

RESOLVED, to waive all restrictions of transfer imposed on the shares of stock of the Corporation for purposes of allowing a transfer of (--) shares of common stock of the Corporation from [Name] to [Name], provided that said restrictions shall apply to any further transfer of said shares.

The undersigned hereby certifies that [Name] is the duly elected and qualified Secretary and the custodian of the books and records and seal of [Name], a corporation duly formed pursuant to the laws of the State of [State], and that the foregoing is a true record of a resolution duly adopted at a meeting of the Board of Directors, and that said meeting was held in accordance with state law and the Bylaws of the above named Corporation on [Date], and that said resolution is now in full force and effect without modification or rescission.

IN WITNESS WHEREOF, I have executed my name as Secretary and have hereunto affixed the corporate seal of the above named Corporation on [Date].

A True Record.