Directors Loan To Buy Property In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00420BG
Format:
Word;
Rich Text
Instant download
Description
The document titled 'Minutes of Meeting of the Directors of ABC, Inc.' outlines resolutions related to a director's loan for purchasing property in Phoenix. The meeting, held on May 5, 2006, discusses refinancing a loan with a lender, emphasizing the corporation's intent to secure additional financing. Key features include the designation of authorized individuals to execute necessary documents, such as a promissory note and a deed of trust, to formalize the loan agreement. Filling out this form requires careful attention to dates, amounts, and involved parties. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to document corporate decisions related to financing property acquisitions. It facilitates record-keeping and establishes legal authority for actions related to the loan, thereby ensuring compliance with corporate governance requirements.
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