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izzzzzieeeee

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izzzzzieeeee

Re: None

Tuesday, 09/29/2015 10:08:56 PM

Tuesday, September 29, 2015 10:08:56 PM

Post# of 105602
most states have a limit to how many shares of stock can be "authorized".

From New York corporate law for authorized shares (but I am looking for the number allowed)

"How to increase the authorized shares of stock?

An increase on the authorized shares of stock has to be formally requested to the state by filing “articles of amendment“. A shareholders’ meeting is ussually required to authorize an increase of the shares since their ownership of the company will be affected due to this change."
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