Signature Authorization - Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures
Understanding this form
This Signature Authorization - Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures is a legal document used by corporate directors to approve specific actions without a formal meeting. By using this form, all directors agree to a resolution, indicating that the bank is authorized to honor checks and drafts that include a specific facsimile signature. This helps streamline corporate decision-making and ensure that important financial actions can take place efficiently.
Main sections of this form
- Name of Corporation: The legal name of the corporation involved.
- Resolution Details: The specific actions or resolutions being authorized.
- Facsimile Signature: The name of the corporate officer whose facsimile signature is being authorized.
- Directors' Signatures: Places for all directors entitled to vote to print and sign their names.
- Date of Consent: The date when the unanimous consent is being executed.
When this form is needed
This form should be used when all directors of a corporation need to take action on financial matters without holding a meeting. It is particularly useful for authorizing a bank to process transactions requiring a facsimile signature, ensuring prompt handling of financial instruments while complying with corporate governance requirements.
Who needs this form
- Corporate Directors: All directors of a corporation who are entitled to vote on corporate actions.
- Corporate Secretaries: Individuals responsible for maintaining corporate records and minutes.
- Banking Officers: Financial institutions requiring authorization for processing checks or drafts.
How to complete this form
- Identify the corporation: Enter the name of the corporation at the top of the form.
- Specify the resolution: Clearly detail the specific actions the board of directors is authorizing.
- Enter the officer's name: Include the name of the officer whose facsimile signature is to be honored by the bank.
- Gather signatures: Ensure all directors print and sign their names in the designated areas.
- Record the date: Fill in the date on which the consent is executed.
Does this form need to be notarized?
Notarization is generally not required for this form. However, certain states or situations might demand it. You can complete notarization online through US Legal Forms, powered by Notarize, using a verified video call available anytime.
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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.
Mistakes to watch out for
- Failing to include all directors' signatures, which can invalidate the consent.
- Not specifying the resolution clearly, leading to confusion about the authorized actions.
- Using an incorrect or outdated facsimile signature that does not match the one filed with the bank.
Advantages of online completion
- Convenience: Easily download and fill out the form from anywhere.
- Editability: Modify the form quickly to include any corporate-specific details.
- Reliability: Access forms drafted by licensed attorneys, ensuring legal compliance.
Legal use & context
- This form is enforceable as a corporate resolution if completed correctly.
- It allows corporations to conduct business efficiently without the need for physical meetings.
- While this document is based on common legal standards, local laws may impose additional requirements.
Summary of main points
- The Signature Authorization form enables directors to act without a formal meeting.
- All directors must consent and sign to make the resolution valid.
- Consult local laws to ensure compliance with jurisdiction-specific requirements.
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FAQ
: a signature produced by mechanical means but recognized as valid by law for many banking, financial, and business transactions.
I, (Name) hereby authorize Mr/MS. (Name) to sign all the documents related to my (mention relevant documents here like property located, bank account number etc.) on my behalf excluding the documents (mention documents that are excluded), starting from (Date) till (Date).
An exact copy, as of a book, painting, or manuscript. Also called fax.a method or device for transmitting documents, drawings, photographs, or the like, by means of radio or telephone for exact reproduction elsewhere.
Using a rubber stamp. Imprinting your signature. Engraving your signature. Electronic copy of your signature.
Borrower Signature Authorization is a form signed by the applicant authorizing the lender to obtain and verify information and documentation from third parties that is needed in connection with the application for mortgage loan.This form can be used as an attachment to any form that requires applicant's signature.
A facsimile signature is a reproduction of your manual signature that can be saved electronically or by engraving, imprinting or stamping. Facsimile signatures are legal, although they may not be acceptable on all government or private-sector documents.
First and foremost, while a facsimile autographed photo looks great displayed in your home or office collection, the value of said collection will not increase as greatly as it would if an authentic piece is added. This lesser value is due to the lack of a genuine signature from the athlete.
A facsimile signature is a reproduction of your manual signature that can be saved electronically or by engraving, imprinting or stamping.Facsimile signatures are legal, although they may not be acceptable on all government or private-sector documents.
A signature authorization letter is a formal letter that allows a person to appoint someone else to be the signature authority for any required work on his/her behalf when unavailable.
