Generic form with which a corporation may record resolutions of the board of directors or shareholders.
Generic form with which a corporation may record resolutions of the board of directors or shareholders.
In short, your company can obtain a corporate seal, but in California and New York there is no legal or practical reason to do so.
A corporate seal is no longer required by LLCs or Corporations and any state in the United States. Although both a corporate seal and official stock certificates were once required for corporations, like spurs on a boot, these remnants of the past are no longer functional or relevant.
State corporation statutes continue to authorize corporations to adopt and use corporate seals. But do you really need one for your company? In California and New York, the answer is clearly “no.”
A corporate seal is not a mandatory part of registering a corporation, so you are not provided with a corporate seal by the Secretary of State. Instead, you can obtain one at an office supply retailer. Design your corporate seal. It is up to you to design your corporate seal.
Must include the specific date and time when the board met to pass the resolution. Must authorize a specific person or persons by name and title. Must include the types of contracts and agreements the specific individual or individuals can execute on behalf of the corporation.
Quick Summary. Corporate seals are not a legal requirement for LLCs but serve as a formal symbol of authenticity on official documents.
There are alternatives to a corporate seal for official documentation. ing to state corporation laws, authorized signatures, digital signatures, or embossed stamps can be used as substitutes. These alternatives have legal validity and are recognized as acceptable alternatives to a traditional company seal.
In California, the decision to use a corporate seal is entirely optional, as it is not a legal requirement for businesses. ing to California Corporations Code section 207(a), corporations have the flexibility to adopt, use, and even alter a corporate seal as they see fit.