Corporate attorneys and secretaries spend hours researching jurisdiction-specific requirements, cross-referencing bylaws, verifying financial prerequisites, and ensuring compliance with state corporation codes and SEC guidelines. Manual drafting requires consulting multiple legal resources, calculating per-share amounts, and formatting board meeting documentation—all while risking errors in critical financial and governance details.
Corporate attorneys and secretaries spend hours researching jurisdiction-specific requirements, cross-referencing bylaws, verifying financial prerequisites, and ensuring compliance with state corporation codes and SEC guidelines. Manual drafting requires consulting multiple legal resources, calculating per-share amounts, and formatting board meeting documentation—all while risking errors in critical financial and governance details.
CaseMark automates the entire dividend declaration process by intelligently analyzing your company's financial data and bylaws, then generating fully compliant resolutions that meet all jurisdictional requirements. The platform automatically incorporates best practices from NVCA models, state corporation laws, and SEC guidelines, producing board-ready documents in minutes with proper formatting, calculations, and certification language.
This workflow is applicable across multiple practice areas and use cases
Dividend declarations are fundamental corporate finance transactions requiring board resolutions that authorize capital distributions to shareholders and document financial decisions.
Corporate finance attorneys regularly draft dividend resolutions as part of capital management strategies, making this workflow directly applicable to their core practice of managing corporate financial transactions.
Public companies must comply with SEC disclosure requirements and securities regulations when declaring dividends, requiring properly documented board resolutions that meet regulatory standards.
The workflow's built-in SEC guidelines compliance and NVCA best practices make it highly relevant for securities attorneys handling dividend declarations for public companies and ensuring regulatory compliance.
General corporate attorneys regularly prepare dividend resolutions as routine corporate maintenance documents for clients across various industries and corporate structures.
Dividend declarations are standard corporate governance matters that general corporate practitioners handle frequently, requiring compliant board resolutions that this workflow efficiently generates.
VC and PE firms need dividend resolutions for portfolio companies making distributions to investors, particularly for preferred stock dividends and liquidation preferences.
The workflow incorporates NVCA best practices and handles complex capital structures common in venture-backed companies, making it valuable for attorneys managing investor distributions and preferred stock dividends.
CaseMark requires your company's financial statements, corporate bylaws, and basic dividend details (amount, type, payment date). Simply upload these documents and the platform automatically extracts relevant provisions, verifies financial capacity, and generates a compliant resolution with all necessary recitals and authorizations.
CaseMark's AI analyzes your jurisdiction's corporation code requirements and automatically incorporates mandatory provisions for quorum, voting, and financial prerequisites. The platform cross-references Delaware GCL and state-specific statutes to ensure your resolution meets all legal formalities for dividend declarations.
Yes. Upload your shareholder register and total dividend amount, and CaseMark automatically calculates per-share distributions, verifies against available retained earnings, and includes all calculations in the resolution with proper formatting and certification.
CaseMark generates a complete, board-ready dividend declaration resolution in approximately 8 minutes. This includes automated research of applicable legal requirements, financial verification, and proper formatting—a process that typically takes attorneys 3-4 hours manually.
Absolutely. CaseMark automatically generates proper meeting headers, quorum verification, voting records, director approvals, and secretary certification. The platform ensures all procedural formalities are documented according to corporate governance best practices and your jurisdiction's requirements.
Yes. CaseMark supports both cash and stock dividend declarations. Simply specify the dividend type, and the platform automatically adjusts the resolution language, tax implications, and authorization provisions to match the specific dividend structure you're implementing.
CaseMark's AI analyzes your uploaded bylaws and automatically incorporates company-specific dividend provisions, approval thresholds, and procedural requirements. The platform ensures your resolution references and complies with all relevant bylaw sections governing dividend declarations.