Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Your company's articles of incorporation are like its birth certificate, establishing its legal existence and basic structure. Corporate resolutions, on the other hand, are like the chapters of a book, documenting the key decisions that shape the company's journey.
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.
A corporate resolution formally documents specific decisions or actions taken by a company's board of directors or shareholders. It typically addresses key issues like authorizing contracts, appointing officers, or approving major business transactions.
While it may seem like a formality, the initial resolution is an important piece of starting a corporation. Put simply, the initial resolution shows how the corporation acts in between its formation and the adoption of its internal governing documents (your bylaws).