Generic form with which a corporation may record resolutions of the board of directors or shareholders.
Corporate Resolution For Sba Loan In Cook
State:
Multi-State
County:
Cook
Control #:
US-0031-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
SBA Form 601 is a certificate of agreement to ensure contractors comply with EO 11246 when working on federally assisted construction projects. A borrower or contractor seeking SBA financing of more than $10,000 must complete and submit Form 601.
Form 652 Assurance of Compliance for Nondiscrimination. If you need a small business size determination.
For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba. Visit SBA/disaster for more information.
Guidelines for Valid Corporate Resolutions. The certification must bear an original signature by an officer of the corporation, (preferably the secretary), and this signature must be someone other than the person who signed the RFP, RFQ, RFI, etc.
A resolution in writing signed by each director member will be effective as long as the constitutional documents do not preclude this approach, however we advise that the articles are drafted to expressly permit this type of decision-making.
Who should sign the board resolution? It must be signed by two directors with the rubber seal/stamp of the company with a quorum at a Board Meeting. In the case of a one person company, the board resolution for the opening of a bank account can be signed by the sole director and shareholders.
The corporate resolution for signing authority is a specific corporate resolution that authorizes specific corporate officers with the legal standing to sign contracts on behalf of the corporation.
An LLC's corporate resolution form will need to include the following: The business name. Member signatures. If a vote is taken, a record of who voted and their vote. Signatures of others involved/present (secretaries, corporate officers, lawyers, third-party representatives, etc.) Date and location.
Officers of corporations are presumed to have signing authority, while the company must specifically grant others the authority either in its bylaws, stockholders or operating agreement, or in other documentation.
