Form with which a corporation may resolve to issue additional Capital Stock in the corporation.
Capital Format Resolution For Authorised Signatory In Hennepin
State:
Multi-State
County:
Hennepin
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Resolutions of Authority name an individual that is authorized to act on behalf of a Corporation, Partnership, or Company. Complete ONLY the Resolution which matches the structure of the business.
The corporate resolution for signing authority is a specific corporate resolution that authorizes specific corporate officers with the legal standing to sign contracts on behalf of the corporation.
Corporate signing authority resolutions specify who has the legal authority to bind the corporation through contracts. Individuals with the authority to sign can create legally binding contracts such as employment contracts, real estate transactions, and other important agreements.
A directors' resolution is an effective way of explicitly granting this authorisation, as the directors are able to exercise the authority of the company at a meeting. However, users should ensure that any methods of authorisation are in ance with the company's constitution.
Board Resolution Granting Signing Authority BE IT RESOLVED, that the board of directors hereunder authorizes Authorized Individual's Name, Position, to sign, execute, and endorse on behalf of Company Name for all financial transactions, legal documents, and other official agreements.