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Now Previewing: Shareholder Resolution - Sale of Common
About This DocumentThis is a resolution that is voted on and passed by the shareholders of a corporation to issue new common stock. This resolution provides for the name of the new shareholders, the number of shares sold, and the price paid. In addition, this resolution provides that the issuance and sale of the common stock may be exempt from the registration requirements of the Security and Exchange Commission (?SEC?). This resolution can be used by the shareholders of a corporation that want to issue new common stock.