Generic form with which a corporation may record resolutions of the board of directors or shareholders.
Corporate Resolution With Raised Seal In Chicago
State:
Multi-State
City:
Chicago
Control #:
US-0031-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
What should corporate resolutions include? Your corporation's name. Date, time and location of meeting. Statement of unanimous approval of resolution. Confirmation that the resolution was adopted at a regularly called meeting. Resolution. Statement authorizing officers to carry out the resolution.
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.
The title of the resolution must appropriately reflect the intent. 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.
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.
The title of the resolution must appropriately reflect the intent. 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.
Examples of corporate resolutions include the adoption of new bylaws, the approval of changes in the board members, determining what board members have access to certain finances, such as bank accounts, deciding upon mergers and acquisitions, and deciding executive compensation.
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 resolution, on the other hand, describes one action taken by the board at a meeting, is prepared separately during the meeting, and is attested to by the secretary of the corporation before the president approves it.
CORPORATE SEAL: Having a corporate seal is no longer mandatory by Illinois statute, but including this language will document the fact that the company either does or does not use a seal.
The law does not require an LLC Resolution to be notarized or witnessed by any third parties. In concept, there could be a requirement within a certain limited liability company which does require it – but that would be uncommon.
More info
A Illinois corporation resolution form is a legal document that directors of a corporation adopt to document consent and agreement between all relevant parties. Forms on this website are PDFs with fillable fields.Forms should be downloaded to your computer before filling in the fields. The LLC or Corporate kits are made of high quality two toned textured vinyl. ▻ If you're using a raised corporate seal to complete your request, we will not be able to accept a fax copy. Send this form, along with any other required. A template for a board resolution is helpful for ensuring that all the proper information gets included on the resolution and that resolutions are consistent. The corporate resolution must include the signature of the corporate officer and the corporate seal or the articles of incorporation. A specific corporate resolution that authorizes specific corporate officers with the legal standing to sign contracts on behalf of the corporation. A corporate resolution is a document written during a board of directors meeting detailing a corporate action taken during the meeting.
