Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

authorized capital

Read a random definition: paid-in surplus

A quick definition of authorized capital:

Authorized capital is the maximum amount of money that a company is allowed to raise by selling its shares. It is also known as nominal capital. This is the amount of money that the company can raise if it needs to, but it doesn't mean that it has to raise that much. It is just the maximum limit. The company can choose to raise less than the authorized capital if it wants to.

A more thorough explanation:

Authorized capital is the maximum amount of money that a company is allowed to raise by selling its shares to investors. This is also known as nominal capital. It is the amount of money that a company can legally issue in shares to the public.

  • A company has authorized capital of $1 million. This means that it can issue shares up to a total value of $1 million to investors.
  • Another company has authorized capital of $10 million. It can issue shares up to a total value of $10 million to investors.

These examples illustrate how authorized capital sets a limit on the amount of money a company can raise by selling its shares. It is important for companies to have authorized capital to ensure that they do not issue more shares than they are legally allowed to.

authorization clause | authorized capital stock

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
LSD+ is ad-free, with DMs, discounts, case briefs & more.