Corporate Resolution With Raised Seal In Fairfax
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FAQ
The use of a corporate seal is permissible, but it is not required. California Corporations Code section 207(a) – it authorizes a corporation to adopt, use and alter a corporate seal at will, but FAILURE TO AFFIX A SEAL on a document DOES NOT AFFECT the document's VALIDITY.
A corporate seal in California is optional and holds symbolic rather than legal significance. The seal may include the company name, incorporation state, and founding date. It is no longer legally required to execute contracts or documents in California.
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Though a common seal of a company is not mandatory, it is indispensable.
While a corporate seal is not required in California, there are specific instances where its use might still be encouraged: Banking purposes: Some financial institutions may request a seal to open business accounts or authorize corporate resolutions.
Use: A company stamp is often used for day-to-day business transactions, while a company seal is typically used for more formal and important documents such as contracts or legal agreements.
In general, corporate seals are not mandatory in many jurisdictions, but they are often used to add a professional touch to official documents. It's important to consult with legal professionals or local authorities to understand the specific requirements in your jurisdiction.
Signatures of directors and company secretaries can be used instead of a seal but some organisations may still like to use a seal on things like share certificates as it has a ceremonial, traditional and official aura about it which some may like.
Official seal should have engraved in it the name of the territory, district or place where it is to be so used in addition to the name and state in which the registered office of the company is situated. The official seal should be adopted by a resolution of the Board.
Let's be very clear from the start: the company stamp has no legal value and is not mandatory.
