A proposal to open a current Account with the (Bank Name and Address) was placed before the Board for conducting its day-to-day financial transactions. To open a bank account, board resolution is mandatory for company officers.How to fill out the Board Resolution for Opening Bank Account? 1. Identify the authorized signatories for the bank account. 2. RESOLUTION AUTHORIZING THE CITY OF SOUfH FULTON TO. ESTABLISH AND OPEN BANK ACCOUNTS, TO OBTAIN TAX. The board of directors of COMPANY NAME resolved to open a bank account with BANK. 550, and that was designated as a standard performer in the most recent PHAS or SEMAP assessments. Did not have death certificates or bank account information. If you received this 1040 package in the mail, the odds are that you are not enjoying the benefits of e-file.