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Once approved, the chairman of the meeting, may sign the minute to confirm it as a record of the meeting. The purpose of a trustee written resolution is to make and document a decision by the trustees without a meeting of the trustees taking place.
Certified that the above is a correct copy of the resolution passed on _______________________ by the Board of Trustees/ Members of the Managing Council of ________________________________ and that it has been entered in the usual course of business in the minutes book of the Trust and signed therein by any of the ...
RESOLVED FURTHER THAT the following officials be hereby singly/jointly authorized to accept, sign, execute, deliver and complete all documentation, agreements, account opening forms, and accept and abide by the modifications and/or variations in any or all the terms and conditions from time to time and to nominate, ...
The resolution must specify the amount and nature of income and capital gains to be distributed (this can be distributed in percentages rather than outright numbers). The resolution must be communicated to the beneficiaries of the trust. The resolution must be documented in the trust's financial records.
RESOLVED FURTHER THAT the following officials be hereby singly/jointly authorized to accept, sign, execute, deliver and complete all documentation, agreements, account opening forms, and accept and abide by the modifications and/or variations in any or all the terms and conditions from time to time and to nominate, ...