The board secretary is typically responsible for drafting a board resolution, ensuring it is clear, legally sound, and aligned well with the company's bylaws. However, the responsibility may also involve a board chairperson, legal counsel, executive leadership, and board members.
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.
A formal document stating a specific decision made by the board. A written record of the discussions, decisions, and actions taken during a board meeting. To document an official decision or authorization. To provide a comprehensive summary of the meeting, including resolutions passed.
To establish or delegate authority and responsibilities. To evidence that appropriate corporate action was authorized or taken (for example, where the secretary must certify that resolutions were adopted or that certain officers are authorized to act on behalf of the company).
A board resolution is a document that formalises important decisions made by the board of directors and the actions relating to them. It is legally binding and functions as a compliance record to provide evidence of decisions made by the board regarding pivotal company matters.
7 steps for writing a 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.
For instance, a nonprofit formed by a law firm could sponsor a local animal shelter but should avoid providing legal services in any way. Likewise, the nonprofit should not entirely rely on the services or products of a for-profit company to achieve its core mission.
Examples of board resolutions include appointing or removing a board member, amending the company's articles of association, or formal changes to board roles, contracts, and policies.
A board resolution is a formal document that serves as an official record of decisions made by a company's board of directors during a meeting. It details matters such as policies, strategic plans, budget approvals, contract authorizations, officer appointments, and other significant actions.
Writing a strong resolution requires a balance of clarity, intention, and practicality. Start by being clear and specific about your goals. A vague resolution like ``I want to be healthier'' can easily lose focus.