This directors resolution declares a capital dividend pursuant to the applicable section of the governing jurisdiction’s income tax legislation/act. The resolution contemplates that by the company declaring a capital dividend the company will be able to continue to pay its liabilities as they become due.
| Reads: | 581 times |
|---|---|
| Used: | 3 times |
| Pages: | 4 |
| Size: | 131 kb |
| Format: | Word Document |
| Category: |
Business Management |
|---|---|
| Sub-Category: |
Creating Business Contracts |
| Industry: |
Any Business Type |
| Region: |
United States - Any State |
Get Unlimited Access to Our Complete Business Library
Plus
1. Please rate your experience on the following scale:
2. Would you recommend Docstoc to a friend?
Would you be interested in taking a longer survey for a chance to win a 1-month free subscription to Docstoc Premium?