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Definition of Authorized shares
1. Noun. The maximum number of shares authorized under the terms of a corporation's articles of incorporation.
Authorized Shares Pictures
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Lexicographical Neighbors of Authorized Shares
Literary usage of Authorized shares
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Treatise on the Modern Law of Corporations: With Reference to Formation by Arthur W. Machen (1908)
"... it would seem that holders of the first contracts in point of time would be
entitled to a preference in the distribution of the authorized shares. ..."
2. Trust Laws and Unfair Competition by United States Bureau of Corporations, Joseph E. Davies (1916)
"Such corporation may issue and may sell its authorized shares, from time to time,
for such consideration as may be prescribed in the certificate of ..."
3. Materials of Corporation Finance by Charles William Gerstenberg (1915)
"Such corporation may issue and may sell its authorized shares, from time to time,
for such consideration as may be prescribed in the certificate of ..."
4. Cyclopedia of the Law of Private Corporations by William Meade Fletcher (1918)
"86 '' Such corporation may issue and may sell its authorized shares from time to
time for such consideration as may be prescribed in the certificate of ..."
5. The Financing of Public Service Corporations by Milton Berge Ignatius (1918)
""Such corporation may issue and sell its authorized shares, from time to time,
for such consideration as may be prescribed in the certificate of ..."
6. Principles of Industrial Organization by Dexter Simpson Kimball (1919)
"... the nominal capital authorized by its charter; that is, the number of authorized
shares multiplied by their par or face value as fixed by the charter. ..."
Other Resources Relating to: Authorized shares
