DIY Legal Forms

“Help us to stay online by your kind donation.

Every penny will help.”


Increasing Capital Stock

After it was duly moved, seconded, and discussed, the following resolution was adopted by a majority of the shareholders entitled to vote.

RESOLVED, that authorized capital stock of $------ of the Corporation, each share having a value of $------, is hereby increased to a total authorized capital stock of [Corporation], consisting of [--] shares, each having a par value of $------, and it is

FURTHER RESOLVED, that the Corporation's officers are directed to file a certificate setting forth the above change in the capital stock in the appropriate state office.

I, [Name], certify that I am the duly appointed secretary of this Corporation and that the above resolution was duly adopted at a shareholders meeting of the Corporation, convened and held in accordance with the laws of the State of [State] and the bylaws of the Corporation on [Date], and that this resolution is now in full force and effect.

IN WITNESS THEREOF, I certify by my hand and the seal of the [corporation], that this is a true and correct copy of the above resolution.