Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Resolution Format For Bank Account Opening In Collin
State:
Multi-State
County:
Collin
Control #:
US-0036-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
What is a Banking Resolution? Whether it be for a corporation or LLC, the banking resolution document is drafted and adopted by a company's members or Board of Directors to define the relationship, responsibilities and privileges that the members or directors maintain with respect to the company's banking needs.
What should a resolution to open a corporate bank account include? Corporation name and address. Bank name and address. Bank account number. Date of resolution. Certifying signatures and dates. Corporate seal.
A board resolution for opening a bank account is essential when a company initiates a new banking relationship. This resolution generally authorizes specific individuals within the organization to manage the account and conduct transactions on behalf of the company.
“RESOLVED THAT the Bank Account No. __________, ___________Branch with __________ Bank Limited, be and is hereby closed with immediate effect and aforesaid Bank be and is hereby requested to transfer the remaining balance in the another existing Bank wit Account No.