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Corporation (the "Corporation"), acting by unanimous written consent in accordance with the Bylaws of the Corporation and applicable law, waive notice of the time, place and purpose of a meeting of the Board of Directors of the Corporation and hereby consent to the following actions with the same force and effect as if approved by unanimous vote at a duly constituted special meeting of the Board of Directors, and direct that this document be delivered to the Corporation for inclusion in the minu.

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How to use or fill out the Board Resolution Template Hong Kong online

Filling out the Board Resolution Template is an essential step for ensuring formal approval of decisions made by the board of directors. This guide provides a clear, step-by-step approach to complete the template accurately online.

Follow the steps to successfully complete your Board Resolution Template.

  1. Click ‘Get Form’ button to obtain the form and open it in the online editing interface. This will allow you to input your data directly into the template.
  2. Begin by filling in the name of your organization where indicated. This ensures that the resolution is formally associated with the correct entity.
  3. In the following sections, fill in the specific loan details, including the principal sum of the loan and any relevant revenue sources. Be precise to avoid future discrepancies.
  4. Identify the authorized officers who will act on behalf of the organization in the execution of the loan documents. This includes listing names clearly in the designated area.
  5. Review each resolution stated in the template, ensuring that they accurately reflect the decisions made by your board of directors. Adjust any language as needed to fit the organization's specific context.
  6. Once completed, ensure to save any changes made to the document. You can then download, print, or share the form as required for your records.

Complete your documents online today to ensure your board resolutions are officially recorded.

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Directors and Board Meetings Generally, the board authorises the actions of the company through board resolutions passed at board meetings or, if authorised by the articles, by written resolution signed by all the directors or a stated proportion of them.

Once you have finalized your corporate resolution, the person who brought the decision to the board or whoever will be charged with enacting it must sign. This is generally a board member or a corporate secretary.

How to Write a Board Resolution Put the date and resolution number at the top. ... Give the resolution a title that relates to the decision. ... Use formal language. ... Continue writing out each critical statement. ... Wrap up the heart of the resolution in the last statement.

622 Companies Ordinance ─ Section 563 Ordinary resolution. 563. An ordinary resolution of the members (or of a class of members) of a company means a resolution that is passed by a simple majority. the number of the persons who vote on the resolution as duly appointed proxies of members entitled to vote on it.

Decision-making by directors Decisions are usually taken either by passing resolutions at a board meeting or by passing a written resolution. Although a sole director may be able to hold a board meeting, in practice, a sole director would usually make decisions by passing written resolutions.

Each qualified individual has one vote. Board resolutions only pass if they achieve a simple majority (over 50% of directors' votes). Some companies may stipulate that a higher majority or that a unanimous agreement is necessary to pass a resolution.

Ordinary Resolution: It requires just over 50% of directors to pass a decision. For instance, if there are 10 board members, the board will need the approval of at least six directors to pass a resolution.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232