Meeting Board Format For Authorised Signatory
Description
How to fill out Minutes Of First Meeting Of The Board Of Directors Of A Nonprofit Corporation?
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FAQ
Now the authorised signatory has to fill in the contact details of a legal representative who can delegate the rights for her/him to legally represent and commit the organisation in the project. Typically, the contacts details will in this case be to a senior manager or a legal representative.
RESOLVED, that the Board of Directors is hereby authorized and approved to authorize and empower the following individual to make, execute, endorse and deliver in the name of and on behalf of the corporation, but shall not be limited to, any and all written instruments, agreements, documents, execution of deeds, powers ...
Only one individual possesses the authority to sign documents on behalf of an organization. Typically, this type of signature is reserved for high-ranking executives. For instance, in a state university, the provost is commonly designated as the sole signatory for agreements about educational and research programs.
APPOINTMENT OF AUTHORISED SIGNATORY IT WAS NOTED, that {insert name} had indicated {his/her} willingness to act as authorised signatory of the Company. IT WAS THEREFORE RESOLVED that {insert name} be and is hereby appointed as authorised signatory of the Company with effect from {insert effective date of appointment}.