Form with which the Directors of a corporation waive the necessity of a first meeting of directors.
Maine Waiver of 1st Meeting of Board of Directors - Corporate Resolutions
State:
Multi-State
Control #:
US-0018-CR
Format:
Word;
Rich Text
Instant download
Description
How to fill out Waiver Of 1st Meeting Of Board Of Directors - Corporate Resolutions?
US Legal Forms - one of the largest collections of legal documents in the USA - offers a wide selection of legal form templates that you can download or print.
Through the website, you can access thousands of forms for personal and business needs, organized by category, state, or keywords. You can find the latest versions of forms such as the Maine Waiver of 1st Meeting of Board of Directors - Corporate Resolutions within moments.
If you already possess a registration, Log In and download the Maine Waiver of 1st Meeting of Board of Directors - Corporate Resolutions from the US Legal Forms collection. The Download option will appear on every form you view. You can access all previously downloaded forms in the My documents tab of your account.
Complete the transaction. Use your credit card or PayPal account to finish the transaction.
Select the format and download the form to your device. Make edits. Fill out, modify, print, and sign the downloaded Maine Waiver of 1st Meeting of Board of Directors - Corporate Resolutions. Each template you add to your account has no expiration date and is yours permanently. Therefore, if you wish to download or print another copy, just navigate to the My documents section and click on the form you need. Access the Maine Waiver of 1st Meeting of Board of Directors - Corporate Resolutions with US Legal Forms, the most extensive collection of legal document templates. Utilize numerous professional and state-specific templates that fulfill your business or personal needs and requirements.
- If you want to utilize US Legal Forms for the first time, here are simple steps to guide you.
- Ensure you have selected the appropriate form for your city/state.
- Click the Preview button to review the form’s details.
- Read the form Description to confirm that you have chosen the correct form.
- If the form does not meet your needs, use the Search box at the top of the screen to find one that does.
- Once you are satisfied with the form, confirm your choice by clicking the Get now button.
- Then, select your preferred pricing plan and provide your details to register for an account.
Form popularity
FAQ
Under most state laws, nonprofit board may approve a resolution through written consent, without holding a board meeting. In Illinois and South Carolina, these actions require the unanimous agreement of the directors. In other states, the statute is more flexible.
The Board Resolution is duly signed by the directors present in the meeting. There is no requirement that a Board Resolution be notarized. However, when Board Resolutions are used as evidence in court trials, notarization gives more credence to the document.
The Board Resolution is duly signed by the directors present in the meeting. There is no requirement that a Board Resolution be notarized. However, when Board Resolutions are used as evidence in court trials, notarization gives more credence to the document.
Who needs to sign a board resolution? The board members need to sign the board resolution. The President and Secretary only need to sign when the resolution is certified. But they can sign an uncertified board resolution as well, but it is not required.
The resolution should state the name of the person authorized to sign the contract. If the resolution only states the title of the officer so authorized, a certification by a corporate officer must be provided certifying that the individual signing the contract held that office at the time the contract was signed.
A board resolution, though not a legal document, is formal and the decisions made by the board are legally binding.
All eligible directors must either sign copies of the written resolution, or otherwise agree to it in writing. A sole director will usually make decisions by written resolution.
Although general meetings for shareholders or board meetings for directors are normally required to pass resolutions, some decisions can be passed in writing without the need for a meeting.
When a board resolution is passed by a simple majority, it is called an ordinary resolution. Votes cast in favor are more than the ones against. A resolution with a majority of just over 50% of the quorum is considered passed. For example, 6 'yes' votes out of 10 are considered a majority.
