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RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF GENERAL OBLIGATION PUBLIC IMPROVEMENT REFUNDING BONDS, SERIES 2010, OF THE COUNTY OF JAMES CITY, VIRGINIA, AND PROVIDING FOR THE FORM, DETAILS AND PAYMENT
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Resolution authorizing the issuance refers to a formal document issued by a company's board of directors or shareholders that grants permission to issue securities or other financial instruments. It outlines the terms, conditions, and purpose of the issuance.
The board of directors or shareholders of a company are usually required to file a resolution authorizing the issuance of securities or financial instruments.
Filling out a resolution authorizing the issuance typically involves specifying the type of securities or financial instruments to be issued, the quantity or amount, the purpose of the issuance, and any other relevant information as required by applicable laws or regulations.
The purpose of a resolution authorizing the issuance is to provide formal approval and authorization for a company to issue securities or financial instruments, such as stocks, bonds, or debentures, for various purposes such as raising capital, acquiring assets, or restructuring debt.
The information reported on a resolution authorizing the issuance may vary depending on legal requirements and the specific circumstances of the issuance. Typically, it includes details about the type of securities or financial instruments, the quantity or amount, the purpose of the issuance, any restrictions or conditions, and any necessary approvals or consents.
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