Corporate Resolution With Raised Seal In North Carolina

State:
Multi-State
Control #:
US-0040-CR
Format:
Word; 
Rich Text
Instant download

Description

Form with which a corporation may resolve to issue additional Capital Stock in the corporation.
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  • Preview Issue Capital Stock - Resolution Form - Corporate Resolutions

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FAQ

In California, the decision to use a corporate seal is entirely optional, as it is not a legal requirement for businesses. ing to California Corporations Code section 207(a), corporations have the flexibility to adopt, use, and even alter a corporate seal as they see fit.

Quick Summary. Corporate seals are not a legal requirement for LLCs but serve as a formal symbol of authenticity on official documents.

Since the legal requirement for seals was abolished in 1989, we don't see them around much anymore. However, some businesses still like to use them, especially if they are conducting business abroad or if they wish to exude an air of old-world authority.

In short, your company can obtain a corporate seal, but in California and New York there is no legal or practical reason to do so.

The Corporate Resolution Document Has Several Purposes. It can also be used when new officers, directors or members are being added to or replacing current owners. It is a prerequisite to a Certificate of Incumbency. Unless we have a signed and notarized copy we will not be able to prepare this legal document.

State corporation statutes continue to authorize corporations to adopt and use corporate seals. But do you really need one for your company? In California and New York, the answer is clearly “no.”

There are alternatives to a corporate seal for official documentation. ing to state corporation laws, authorized signatures, digital signatures, or embossed stamps can be used as substitutes. These alternatives have legal validity and are recognized as acceptable alternatives to a traditional company seal.

A corporate resolution document does not need to be notarized, although if it involves other transactions then those might have to be notarized. Once the document has been signed off and dated by the chairperson, vice-chairperson, corporate treasurer, and secretary, it becomes a binding document.

Must include the specific date and time when the board met to pass the resolution. Must authorize a specific person or persons by name and title. Must include the types of contracts and agreements the specific individual or individuals can execute on behalf of the corporation.

More info

Download North Carolina Corporate Resolution Form template, modify and send for signing using BoloForms Signature. Surety Corporate Seal: The Surety Company must indicate that it has affixed its seal to this form.Upon the word "SURETY. A corporate kit includes your most important records and can help avoid fines, penalties, and legal action. ▻ If you're using a raised corporate seal to complete your request, we will not be able to accept a fax copy. Send this form, along with any other required. North Carolina Nonprofit Corporation Act. Finally, if your corporation has an official seal, that must be affixed to the resolution in an appropriate place. Let MyCorporation handle the formation process for you. I am a notary public in the state of Texas.

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Corporate Resolution With Raised Seal In North Carolina