Sba Form 160 Resolution Of Board Of Directors In Arizona
State:
Multi-State
Control #:
US-0042-CR
Format:
Word;
Rich Text
Instant download
Description
The Sba Form 160 Resolution of Board of Directors in Arizona is a crucial document used by corporations to formally approve actions taken by the board, particularly regarding the execution of a lease. This form encapsulates key decisions made during board meetings, such as the approval of lease terms, duration, and costs involved, allowing authorized officers to execute the lease on behalf of the corporation. Completing this form requires details like the address of the leased space and the monthly rental amount, enabling a clear agreement between parties. It also includes provisions for ratifying previous actions taken by officers under the authority of this resolution, thus affirming corporate governance practices. The document serves as both a record of board decisions and as a certified statement from the corporate Secretary, verifying that the resolution was properly adopted. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure compliance with legal standards in corporate governance and to facilitate essential real estate transactions. It is imperative to follow filling instructions closely to avoid inaccuracies that might invalidate the lease agreement.
Free preview
