Section 19 Form No. 4-Stock Dividend

• Library: Business Transitions 2009 Forms

Sample resolutions for adoption by the board of directors to effect a stock dividend include the following:

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Resolved, that there be, and there hereby is, declared on the issued and outstanding shares of the corporation's common stock, par value $1 per share, a stock distribution from the authorized but unissued shares of the corporation's common stock in the form of a stock dividend, payable on ____________, 20____, to the holders of record of...