This is a Business Credit Application for an individual seeking to obtain credit for a purchase from a business. It includes provisions for re-payment with interest, default provisions, disclaimer of warranties by the Seller and retention of title for goods sold on credit by the Seller.
Board Directors Resolution With Secretary Certificate In King
State:
Multi-State
County:
King
Control #:
US-0020-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
A notary public in the Philippines is a lawyer who is authorized by the government, specifically the Office of the Executive Judge, to perform notarial acts. The authority of a notary public is confined to a specific area or jurisdiction and is usually limited to a specific period.
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.
Elements of a Certified Board Resolution Date when the resolution is passed by the board of directors. A designation of the party for whom the resolution is being prepared for and its address. Explanation of the action being taken by the board of directors and the reason for doing so. Name of the secretary.
Board Resolution Granting Signing Authority BE IT RESOLVED, that the board of directors hereunder authorizes Authorized Individual's Name, Position, to sign, execute, and endorse on behalf of Company Name for all financial transactions, legal documents, and other official agreements.
The corporate secretary is often an authorized signatory for the corporation's legal documents, contracts, and resolutions. However, this authority must be exercised in ance with the board's instructions and the corporation's bylaws.
In the Philippines, a secretary's certificate is a crucial document that serves as proof of corporate actions, resolutions, or decisions made by the board of directors. When this document is notarized, it holds even greater weight as it is presumed to be valid and binding.
As referenced above, a typical officer's certificate certifies that various closing conditions have been satisfied as of the closing date, whereas the secretary's certificate is necessary during the closing to ensure that the selling entity is duly organized or incorporated and capable of effecting the transaction.
A Secretary's Certificate is a written document executed by the Corporate Secretary confirming the actions and resolutions of the Board of Directors. When regular on its face, third parties may rely on the Secretary's Certificate without need of further investigation on the veracity of the facts contained therein.
The resolution should state the name of the person authorized to sign the contract. If the resolution only states the title of the officer so authorized, a certification by a corporate officer must be provided certifying that the individual signing the contract held that office at the time the contract was signed.
A corporate resolution document does not need to be notarized, although if it involves other transactions then those might have to be notarized. Once the document has been signed off and dated by the chairperson, vice-chairperson, corporate treasurer, and secretary, it becomes a binding document.
