Capital Format Resolution For Opening Bank Account In Georgia
State:
Multi-State
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
Description
The Capital Format Resolution for Opening Bank Account in Georgia is a formal document used by corporations to authorize the opening of a bank account. This resolution is adopted during a meeting of the Board of Directors and contains essential details such as the issuance of common stock and the acceptance of capital contributions. Key features include sections for specifying the names of individuals receiving shares, the number of shares issued, and the consideration paid. To fill out the form, users must input specific information about the corporation, including its name, type, and the dates of meetings. This form serves as legal proof required by banks to ensure that the individuals opening the account are authorized by the corporation. The target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, can utilize this resolution to ensure compliance with corporate bylaws and banking regulations in Georgia. This document also aids legal professionals in maintaining proper organizational records and facilitating capital formation processes.
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