Generic form with which a corporation may record resolutions of the board of directors or shareholders.
Corporate Resolution With Raised Seal In New York
State:
Multi-State
Control #:
US-0031-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
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.”
Please note that New York State law does not require a corporation to have a seal.
Bylaws are internal documents, so they don't need to be filed with the New York Department of State like your Certificate of Incorporation. But even though the state government may never see your bylaws, they're still legally required for all New York corporations.
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 Companies (Amendment) Act, 2015 made the common seal optional and not mandatory. As per the amendment, all documents that require affixing the common seal can be signed by two directors or one director and a company secretary instead of affixing the common seal.
Quick Summary. Corporate seals are not a legal requirement for LLCs but serve as a formal symbol of authenticity on official documents.
Because corporate resolutions are subject to state laws, it's vital that they are legally compliant. You can get started creating your corporate resolution with the help of a qualified attorney. A legal professional can ensure that you include all the necessary components and let you know if you need to make revisions.
More info
A New York corporation resolution form is a legal document that directors of a corporation adopt to document consent and agreement between all relevant parties. CORPORATE RESOLUTION (Conveyance).State of New York Title No. ss: County of ______. A corporate resolution is a document written during a board of directors meeting detailing a corporate action taken during the meeting. The corporate resolution must include the signature of the corporate officer and the corporate seal or the articles of incorporation. The undersigned further certifies that said resolution has not been revoked, rescinded or modified and remains in full force and effect on the date hereof. Easily create a corporate power of attorney with our customizable template. Offers a free digital seal to all new Delaware corporations and LLCs we form on behalf of our clients. Corporate Seal (Optional): Some corporations choose to affix their official corporate seal to the resolution, though this practice is less common today. In the US there is no need for an LLC or corporation to have a seal.
