Generic form with which a corporation may record resolutions of the board of directors or shareholders.
Corporate Resolution With Raised Seal In Washington
State:
Multi-State
Control #:
US-0031-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Corporate seals in the past were imprinted on wax upon a document. As time passed, rubber stamps were preferred and today, most corporate seals are embossed upon a document. Although no longer required, the corporate seal still retains a sense of authenticity and a mark of identity for a corporation.
A corporate resolution document does not need to be notarized, although if it involves other transactions then those might have to be notarized. Once the document has been signed off and dated by the chairperson, vice-chairperson, corporate treasurer, and secretary, it becomes a binding document.
Since the legal requirement for seals was abolished in 1989, we don't see them around much anymore. However, some businesses still like to use them, especially if they are conducting business abroad or if they wish to exude an air of old-world authority.
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.
However, a seal could also take other forms, such as the word “seal” placed between brackets after a signature, or the letters “L.S.” (short for locus sigilli, meaning in “the place of the seal”) adjacent to the contracting parties' signatures.
That's it your company seal is ready for.MoreThat's it your company seal is ready for.
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.
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.”
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.
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.
