Pass Your FINRA Exam Guaranteed Or Your Money Back With Our Greenlight Guarantee
For more than 25 years we’ve helped students pass over 250,000 exams and we’ve done so with industry leading pass rates!
Pass our Greenlight guaranteed practice exam & we guarantee you’ll pass your exam – or your money back!*
Authorized Stock is the maximum number of shares that a corporation can sell in an effort to raise capital. The number of authorized shares may only be changed by a vote of the shareholders.
A corporation must state at the time of incorporation the maximum number of shares that the corporation may sell to investors. This is known as the authorized stock. The number of authorized shares are arbitrarily determined and can only be changed by a vote of the stockholders.