Both the Model Business Corporation Act and the Revised Model Business Corporation Act provide that acts to be taken at a director's meeting may be taken without a meeting if the action is taken by all the directors entitled to vote on the action. The action must be evidenced by one or more written consents bearing the date of signature and describing the action taken, signed by all the directors entitled to vote on the action, and delivered to the corporation for inclusion in the minutes or filing with the corporate records.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The District of Columbia Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures grants authority to banks located in the District of Columbia to honor instruments that bear facsimile signatures. This consent is given unanimously by all relevant parties involved in the resolution. Facsimile signatures refer to reproduced or replicated versions of an individual's or organization's signature. The use of facsimile signatures allows for efficient and convenient transaction processes, especially in the context of banking. By obtaining this written consent, the bank is authorized to accept and process instruments that bear facsimile signatures. These instruments may include checks, promissory notes, loan agreements, or any other financial documents requiring signatures. The District of Columbia Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures ensures that the facsimile signature holds the same legal weight and validity as a manually signed document. It provides convenience for the parties involved, allowing them to conduct transactions promptly and without the need for physical presence. Different variations or types of this authorization may exist depending on the unique circumstances or requirements of each party involved. For example, a particular authorization may be specific to a certain bank or financial institution, while others may apply to multiple institutions. Some authorizations may be temporary, allowing for a limited period of time, while others may have no expiration date. Overall, the District of Columbia Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures serves as an essential legal document that grants banks the authority to accept and process facsimile signatures on various financial instruments, streamlining transaction processes and ensuring efficient business operations.
