What Are the Components of a Nonprofit Board Resolution Template? The board meeting date. The number of the resolution. A title of the resolution. The resolution itself (what is being voted on) The name and vote of each voting member of the board. The Chairperson's name and signature.
A corporate resolution formally documents specific decisions or actions taken by a company's board of directors or shareholders. It typically addresses key issues like authorizing contracts, appointing officers, or approving major business transactions.
A corporate resolution is a legal document that spells out a specific action or decision your board of directors has approved. More than a piece of paper, this binding agreement carries real weight. Your board of directors is responsible for creating and approving these resolutions.