Capital Format Resolution For Opening Bank Account In Washington
State:
Multi-State
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
Description
The Capital Format Resolution for Opening Bank Account in Washington is a formal document adopted by the board of directors of a corporation to authorize the opening of a bank account. This resolution outlines the approval of monetary contributions, issuance of common stock, and acknowledgment of assets transferred to the corporation. Key features include specific sections for naming individuals authorized to open the account, detailing the number of shares, and documenting consideration for stock issuance. For effective use, the document should be filled out accurately, with all required signatures from directors and the secretary. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form essential in ensuring compliance with corporate bylaws and state requirements. This resolution serves as a protective measure and formal acknowledgment of the corporation's financial transactions, fostering trust with financial institutions. Additionally, it sets a clear record for future reference and transaction review.
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