Officers Certificate Example For Govt In Wake

State:
Multi-State
County:
Wake
Control #:
US-00063
Format:
Word; 
Rich Text
Instant download

Description

These consent minutes describe certain special actions taken by the Board of Directors of a corporation in lieu of a special meeting. It is resolved that the president of the corporation may borrow from a bank any sum or sums of money he/she may deem proper. The minutes also state that the bank will be furnished with a certified copy of the resolutions and will be authorized to deal with the officers named within the document.

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FAQ

An Officers Certificate is a document signed by a company's officer certifying certain facts about the company. An Officers Certificate is often required as a closing condition to a preferred stock financing or an exit M&A transaction.

Certifying Officers are necessary to the payment process in that they must certify all payments prior to their being sent to the Treasury to be disbursed. Note that some entities may have their own authority to disburse funds, i.e. non-Treasury entities.

They serve as proof of an individual's proficiency or mastery of a certain skill, and can be a valuable addition to a resume or portfolio. Certificates are typically awarded after an individual has completed a specific course of study or passed a qualifying exam.

The certificate can be used for a variety of purposes, such as to confirm the authority of the signatory to enter into a transaction, to confirm the accuracy of financial statements, or to confirm compliance with legal or contractual requirements.

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Officers Certificate Example For Govt In Wake