The board of directors of ABC Company approved the transfer of 100 shares of company stock from John Doe to Jane Smith. The transfer was approved because John Doe wished to gift the shares to his daughter. The company secretary was instructed to update the stockholder registry to reflect the updated ownership of the shares.
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Sample Board Resolution for Approval for Transfer of Shares
The board of directors of ABC Company approved the transfer of 100 shares of company stock from John Doe to Jane Smith. The transfer was approved because John Doe wished to gift the shares to his daughter. The company secretary was instructed to update the stockholder registry to reflect the updated ownership of the shares.
The board of directors of ABC Company approved the transfer of 100 shares of company stock from John Doe to Jane Smith. The transfer was approved because John Doe wished to gift the shares to his daughter. The company secretary was instructed to update the stockholder registry to reflect the updated ownership of the shares.