Form with which a corporation may resolve to authorize an officer or representative to loan a specific amount of funds to another party.
Resolution For Borrowing Loan From Directors In Fairfax
State:
Multi-State
County:
Fairfax
Control #:
US-0043-CR
Format:
Word;
Rich Text
Instant download
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The borrowing resolution states which officers are authorized within the company to borrow and the bank where the company may borrow this specific sum. Download the free corporate borrowing resolution template as a word document or PDF.It is perfect to write a board resolution for an SBA loan from a bank. All resolutions must be moved, seconded, voted upon, and recorded in the meeting minutes as an official decision of the Board. Members of the Board of. The Chairman or the Vice. RESOLVED, that this corporation borrow from Regions Bank (hereinafter called the "Bank) from time to time, such sums of money as, in the judgment.