Form with which a corporation may resolve to take necessary steps to retain counsel and defend itself against a potential lawsuit.
Resolution Form Resolutions For Authorizing In Salt Lake
State:
Multi-State
County:
Salt Lake
Control #:
US-0035-CR
Format:
Word;
Rich Text
Instant download
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FAQ
The corporate resolution will be adopted at a board meeting, and can be found in the minutes of the meeting detailing the decisions made by the board.
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 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.
More info
Resolutions express legislative intent or position. Three variations of legislative resolutions are used depending on the need.Purpose: Establish expectations for Council Member conduct while maintaining appreciation of the individual member contributions. A resolution approving the form of the Equipment Lease Agreement with Zions. First National Bank, Salt Lake City, Utah.