Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Corporate Resolution Form For Buying A Car In Dallas
State:
Multi-State
County:
Dallas
Control #:
US-0036-CR
Format:
Word;
Rich Text
Instant download
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FAQ
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.
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.
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.
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.
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.
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.
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.