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.
Indiana Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures is a legal document utilized by businesses or organizations in the state of Indiana. This document grants unanimous consent and authorizes a bank to accept and honor financial instruments that bear facsimile or digital signatures. Typically, there are two types of Indiana Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures: 1. Corporate: This type of authorization is commonly used by corporations or businesses in Indiana. It allows the company's designated representatives or authorized officers to sign financial instruments using facsimile or digital signatures. The consent ensures that the bank will accept these signatures as valid and legally binding. 2. Non-Profit: Non-profit organizations in Indiana may also require signature authorization to streamline their financial processes. With this consent, authorized individuals within the non-profit entity can sign checks, agreements, or other financial instruments using facsimile or digital signatures. The resolution authorizes the bank to honor these signatures without requiring physical presence for every transaction. Keywords: Indiana, signature authorization, unanimous written consent, resolution, bank, honor, instruments, facsimile signatures, corporate, non-profit.
