Affidavit of Payment of Capital Stock is a legal document that was released by the New York State Department of Financial Services - a government authority operating within New York.
Q: What is an Affidavit of Payment of Capital Stock?
A: An Affidavit of Payment of Capital Stock is a legal document used in New York to confirm that the required capital stock has been paid by the shareholders of a corporation.
Q: Why is an Affidavit of Payment of Capital Stock necessary?
A: The Affidavit of Payment of Capital Stock is necessary to provide evidence that the shareholders have met their financial obligations and that the corporation is compliant with state law.
Q: Who needs to submit an Affidavit of Payment of Capital Stock?
A: The shareholders of a corporation in New York need to submit an Affidavit of Payment of Capital Stock as part of the incorporation process or when there are changes to the capital stock.
Q: What information is included in an Affidavit of Payment of Capital Stock?
A: An Affidavit of Payment of Capital Stock typically includes details about the corporation, the number of shares issued, the par value of the shares, and the total amount paid by each shareholder.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the New York State Department of Financial Services.