|visits||member for||2 years, 5 months|
|seen||Dec 20 '11 at 15:36|
Under what conditions can a C corp authorize new shares?
Speaking with no authority about that matter (operating in UK and EU legal frameworks), it might also depend on any extra terms included in the Articles of Incorporation, that specifically restrict the board's ability to issue more shares (for instance, demanding 67% shareholder approval, etc).
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