Authorized Capital Stock refers to the maximum number of shares a corporation is legally permitted to issue, as specified in its charter.
A Corporate Charter, also known as the Articles of Incorporation, is a foundational legal document required for the formation of a corporation. It establishes the existence of the corporation in the eyes of the law.
Authorized Shares, or Authorized Stock, represent the maximum number of shares a corporation is legally allowed to issue as outlined in its corporate charter.
A Corporate Charter, also known as the Articles of Incorporation, is a foundational legal document required to form a corporation, outlining its existence and main business-related details.
