Corporate Resolution With Raised Seal In Palm Beach
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FAQ
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.”
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.
Although this stamp is no longer required by law, many corporations choose to still use this, and Incnow® can provide a Corporate Seal. Sometimes this is requested by banks or other parties to a contract. Order a Compliance Kit now for $99!
A resolution is a simple document that addresses the internal organization of your Florida LLC. It is a written document ratified and signed by your LLC members or your LLC management. In general, a resolution authorizes some action to be taken on behalf of your company.
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.
The law does not require an LLC Resolution to be notarized or witnessed by any third parties. In concept, there could be a requirement within a certain limited liability company which does require it – but that would be uncommon.
However, a seal could also take other forms, such as the word “seal” placed between brackets after a signature, or the letters “L.S.” (short for locus sigilli, meaning in “the place of the seal”) adjacent to the contracting parties' signatures.
A resolution, on the other hand, describes one action taken by the board at a meeting, is prepared separately during the meeting, and is attested to by the secretary of the corporation before the president approves it.
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.
