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Directors Resolution Converting Common Shares
Download this template Directors' Resolution form which authorizes a corporation to convert a shareholder's common shares into another class.
- The Board of Directors of the corporation pass the resolution to convert common shares held by a shareholder into shares of another class, on a one-for-one basis.
- The resolution presupposes that the corporation's articles allow for such a conversion.
- This is a generic template which does not refer to the laws of a specific country and can be used in either the USA or Canada.
- The Directors Resolution Converting Common Shares is downloadable in MS Word format and is fully editable.
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