Form with which a corporation may resolve to authorize an officer or representative to hire a company to perform a specific service for the corporation.
Corporation Resolution Form Withdrawal In Clark
State:
Multi-State
County:
Clark
Control #:
US-0038-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
A corporate resolution tells us who is authorized to act on behalf of a company to open a brokerage account, place orders on the account, and execute documents needed for the account (e.g., requests to add account features like margin or options).
A corporate resolution is a legal, written document created by a board of directors to describe and declare major corporate decisions. A board of directors can use a corporate resolution to guide actions in various circumstances.
Corporate resolutions are necessary business documents for corporations, whether they be for-profit or nonprofit. Limited liability companies (LLCs) are not required to create corporate resolutions, but oftentimes do so in order to document their decisions in a formal way.
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.
