Form with which the stockholders of a corporation waive the necessity of a first meeting of stockholders.
Annual General Meeting Resolution Format In New York
State:
Multi-State
Control #:
US-0022-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Many body corporate decisions have to be made at a general meeting. A decision is made at a general meeting if a motion is included on the agenda, and owners vote to pass the motion. This is called a resolution.
Resolutions must be proposed in the notice that is circulated prior to a board meeting or general meeting. Proposed members' resolutions must be also be issued to the auditors, if a company has any. If the proposed resolution is for the removal of a director, the director in question must receive a copy.
Resolutions begin with "Whereas" statements, which provides the basic facts and reasons for the resolution, and conclude with "Resolved" statements which, identifies the specific proposal for the requestor's course of action.
To write a board resolution, include: Title: Use the title to state that the document is a resolution clearly. Date: This should be the date the resolution is being proposed. Resolution Number: Give the resolution a unique identifier ing to your record-keeping system.
Resolution noun (DECISION) a promise to yourself to do or to not do something: + to infinitive I made a resolution to give up chocolate. The resolution calls for a durable peace settlement. The resolution was carried by 210 votes to 160.
Members must approve a resolution to accept the report. This resolution can be very simple, for example: “Be it resolved that the annual report of THE CO-OP be accepted as presented.”
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.
Each draft resolution is one long sentence with sections separated by commas and semicolons. The subject of the sentence is the body making the statement (e.g., Plenary Committee). The preamble and operative sections then describe the current situation and actions that the committee will take.
An ordinary resolution is defined in this Act (section 191) and means a resolution passed by a simple majority of the votes cast by the members, entitled to vote, to be voted in person or by proxy at a general meeting of the company.
