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Corporate resolutions are a written record of decisions made on behalf of a corporation by its directors and shareholders. These decisions are recorded in writing and typically kept in a corporations record book, also known as a minute books.
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of shares, and the process of electing a board of directors.
To start a corporation in the District of Columbia, you must file Articles of Incorporation with the Department of Consumer and Regulatory Affairs (DCRA). You can file the document online or by mail. The Articles of Incorporation cost a minimum of $220 to file.
A resolution is a decision approved by the incorporators, shareholders, or management of a corporation. Resolutions can be made during a board meeting, or they can be made by an agreement without a meeting (as long as a written consent to action is obtained from the shareholders or directors involved).
A resolution is a formal way in which a company can note decisions that are made at a meeting of company members. There are two types of resolutions: ordinary and special. Under the Corporations Act 2001, most of the decisions that affect a company need to be made by a resolution.
Typically, the articles must contain, at the very least: the corporation's name and business address. the number of authorized shares and the par value (if any) of the shares. the name and address of the in-state registered agent.
A Directors' Resolution is an official internal document for a corporation describing a decision or an action of the board of directors. Where a Directors' meeting can not be held the same matters can be authorized by a Directors' resolution that is signed by all the Directors.
Here is an example of a conclusion versus a resolution: Resolution: The team happily celebrated their victory after a challenging face-off with their rival. Here, the resolution marks the end of a story.