Form with which a corporation may resolve to authorize an officer or representative to loan a specific amount of funds to another party.
Loan Corporate Resolution Without Dissent In Travis
State:
Multi-State
County:
Travis
Control #:
US-0043-CR
Format:
Word;
Rich Text
Instant download
Description
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You'll need a statement that lays out the specifics of the resolution. The authorized person listed above may enter into any agreements of any nature with Lender, and those agreements will bind the Corporation.This post focuses on guidance from Delaware courts regarding measures that can be implemented at the boardlevel for management of potential conflicts. In Section 5, insert the name and title of all persons authorized in the resolutions to act on behalf of the Corporation. 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.