Bankruptcy 
Form 2240 is a board resolution recommending that the shareholders approve the filing of a bankruptcy petition and calling a shareholders' meeting.~

Form 2240:     BOARD OF DIRECTORS' RESOLUTION ADVISING FILING OF BANKRUPTCY AND CALLING SHAREHOLDERS' MEETING~
BOARD OF DIRECTORS' RESOLUTION ADVISING FILING OF BANKRUPTCY AND CALLING SHAREHOLDERS' MEETING

WHEREAS, the Board of Directors of this Corporation has determined the Corporation is unable to meet its obligations as they become due in the usual course of business, and, 
WHEREAS, the Board of Directors has also determined that the Corporation can no longer continue in business profitably, and,
WHEREAS, the Board of Directors has been advised that various creditors have threatened to prosecute claims against the Corporation, it is hereby 
RESOLVED, that, this Corporation file a voluntary petition in bankruptcy, and it is 
FURTHER RESOLVED, that a special meeting of the Corporation's shareholders to consider the directors' recommendation that the Corporation file a voluntary petition in bankruptcy, be held at the following time, date and place:
Time: > 
Date: > , 19> .
Address: > 
And it is
FURTHER RESOLVED, that the Secretary of this Corporation is hereby instructed and directed to send notice to all the Corporation's shareholders of the special meeting of shareholders. 
The undersigned, > , certifies that I am the duly appointed Secretary of > Corporation and that the above is a true and correct copy of a resolution duly adopted at a meeting of the directors thereof, convened and held in accordance with law and the Bylaws of said Corporation on > , 19> , and that such resolution is now in full force and effect. 
IN WITNESS THEREOF, I have affixed my name as Secretary of > Corporation and have attached the seal of > Corporation to this resolution.

Secretary 
Dated: > , 19> .
(SEAL)