Tag: Preferred Stock

101: Preferred Stock

Every Delaware General Corporation must have one class of common stock, but it can have more than one class of stock, with different rules for the different classes. The most popular second class of stock is called “preferred stock” because it contains terms that are preferred over the rights of common stockholders. Delaware’s brand of [...]

Posted by Rick Bell on Tuesday, April 14th, 2009
Posted in 101, General Corporation, INC Knowledge, Stock
Tags: Delaware, General Corporation, Preferred Stock, Stock