Credit Card Form Statement Without Bank In Hennepin

• Category: Corporations - Minutes and Resolutions
• State: Multi-State
• County: Hennepin
• Control #: US-0045-CR
• Format: Word; Rich Text

Description

The Credit Card Form Statement Without Bank in Hennepin is a legal document intended for use by corporations when applying for a credit card in the corporation's name. It outlines the authority given to specific officers to act on behalf of the corporation for this purpose. Key features include a space to specify the authorized users, credit card issuer, and credit limit. The form must include a resolution adopted by the Board of Directors, confirming that the resolutions are still in effect and do not conflict with the corporation's charter or by-laws. To fill out the form, the secretary of the corporation must provide necessary details such as the name of the authorized officer and the date of adoption. This document serves various target audiences, including attorneys who may require it for corporate governance, partners and owners who seek to manage company finances, associates engaged in corporate compliance, and paralegals and legal assistants involved in preparing corporate filings. Overall, it facilitates the legal process of obtaining credit while ensuring that proper authority is documented and maintained.