Sba Form 160 Resolution Of Board Of Directors In Washington
State:
Multi-State
Control #:
US-0042-CR
Format:
Word;
Rich Text
Instant download
Description
The Sba form 160 resolution of board of directors in Washington is a formal document used to authorize the execution of a lease agreement on behalf of a corporation. It includes a clear resolution from the board, detailing the approval of a specified lease and granting authority to designated officers to execute the lease and related documents. This form serves vital functions for the corporate governance process, ensuring decisions are documented and legally binding. Key features include the provision for individual officer authority, prior action ratification, and a certification section for the corporate secretary. When filling out the form, users must specify the lease details such as the address, term duration, and monthly rent, while ensuring all required signatures are obtained during a meeting of the board. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in managing corporate real estate transactions and maintaining compliance with corporate formalities. By utilizing this form, legal professionals can streamline the approval process for corporate leases, ensuring clarity and legal protection for their organizations.
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