Resolutions - General
Understanding this form
The General Resolutions form serves as a vital document for corporate governance, specifically recording decisions made by the Board of Directors or shareholders of a corporation. It outlines the actions agreed upon during meetings, ensuring compliance with corporate bylaws and applicable laws. This form is distinct as it combines several resolutions in one document, making it suitable for multiple types of corporate governance actions, such as electing officers or approving dissolution plans. By documenting these resolutions, the corporation ensures a formal record that can be referenced in the future, promoting transparency and accountability among directors and shareholders.
Key parts of this document
- Header indicating the type of resolution (Board of Directors, Shareholders, etc.)
- Introduction stating the date and meeting details
- Resolutions listing the actions taken or decisions made
- Signature lines for directors and/or shareholders
- Certification section for the Secretary verifying the adoption of the resolutions
When this form is needed
This form should be used when a corporation's Board of Directors or its shareholders need to formalize decisions made during a meeting. Specific scenarios include electing officers, adopting bylaws, approving financial reports, authorizing corporate actions, or documenting the dissolution of the corporation. Essentially, any significant decision that requires official acknowledgment and record-keeping can utilize this form to provide a clear legal basis for actions taken.
Intended users of this form
- Corporate officers and directors looking to formalize corporate decisions
- Shareholders seeking to document agreed resolutions during meetings
- Legal representatives or attorneys advising corporations on governance matters
- Business owners managing corporate compliance and record-keeping
Steps to complete this form
- Enter the name of the corporation and the meeting date at the top of the form.
- State the specific resolutions or actions being approved, detailing each decision clearly.
- Have each director or shareholder sign in the designated signature lines, where applicable.
- Designate a Secretary to certify the resolution and complete the certification section.
- Ensure all fields are filled out accurately and that the document is stored with corporate records.
Does this document require notarization?
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to include the date of the meeting where the resolutions were adopted.
- Omitting signatures from necessary parties, which invalidates the resolution.
- Using unclear language that does not specify the actions taken.
- Not maintaining a copy in the corporate records for future reference.
Why use this form online
- Convenience of downloading and customizing the form from any location.
- Editability allows for adjustments to be made easily according to the corporation's needs.
- Access to templates drafted by licensed attorneys, ensuring legal compliance.
- Immediate access to corporate governance forms without the need for legal consultations, saving time and resources.
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FAQ
There is no length requirement for resolutions, and they can be as long or as short as needed.Like every legal document, resolutions need to be signed and dated by the members of the board as they would do with minutes of meetings.
Directors' decisions made by written resolution must be unanimous. This means that all eligible directors, i.e. those entitled to vote, must vote for the same view on a matter.All eligible directors must either sign copies of the written resolution, or otherwise agree to it in writing.
SBA Form 160, Resolution of Board of Directors is a form issued by the Small Business Administration (SBA) and filed with SBA Business Expansion loans - including Direct, Guaranteed, or Participation loans.
A board resolution is sometimes also called a corporate resolution. It's a formal document that solidifies in writing important decisions that boards of directors make. Boards usually write up board resolutions when they appoint new directors to the board.
Format the resolution by putting the date and resolution number at the top. Form a title of the resolution that speaks to the issue that you want to document. Use formal language in the body of the resolution, beginning each new paragraph with the word, whereas.
Unless otherwise specified in the company's constitution, directors can pass a resolution without a meeting if all directors sign a document stating that they are in favour of the resolution.
Furthermore, the corporate secretary or another officer of the corporation not the person given the signing authority must sign the corporate resolution certification. The resolution must also contain the exact wording of the resolution authorized by the board.
A board resolution is a legally binding action or decision taken by directors at a board meeting.These minutes ensure that the company has a written account of the proceedings of the meeting, including the discussions held and any resolutions, proposed, rejected, or passed.
A board resolution, though not a legal document, is formal and the decisions made by the board are legally binding.
