Convertible instruments exceeding undisclosed authorized share capital remain unenforceable equity claims until corporate charter amendments expand statutory capacity.
Statutory board ratification cures unauthorized founder investor pacts through formal resolutions identifying the defect and validating putative corporate acts.
Statutory ratification and court validation cure defective equity grants by retroactively establishing valid corporate authority and clean stock ownership.
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.
