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.
Washington Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures is a legal document that grants permission to a bank to accept and process instruments (such as checks, drafts, or promissory notes) bearing facsimile signatures on behalf of an organization. This document is typically required when a company or association wants to streamline its banking operations and allow its authorized representatives to sign documents electronically. By obtaining the Washington Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures, an organization ensures that its facsimile signatures hold the same legal weight as original signatures. This authorization facilitates efficient and secure financial transactions, saving time and effort for the authorized signatories and the bank. In accordance with the Washington State laws and regulations, the authorization must follow a specific format and contain essential information. The document should clearly identify the organization granting the authorization, including its legal name, address, and any relevant identification numbers. The resolution should be unanimously approved by the organization's board of directors or members, as indicated by their signatures. To ensure the document's validity, it is essential to include the resolution's detailed wording and purpose, explaining the intent to authorize the bank to accept and honor instruments bearing facsimile signatures on behalf of the organization. This clarifies that the bank is not held liable for any consequences arising from complying with the authorized facsimile signatures. Additionally, it is crucial to specify any limitations or conditions attached to the use of facsimile signatures, such as monetary limits per transaction or specific types of instruments covered. If the organization has multiple bank accounts, each account requiring signature authorization should be listed separately. Different variations of Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures may exist based on the specific requirements and preferences of individual organizations. Some variations may include additional clauses related to security protocols, designated personnel responsible for controlling facsimile signatures, or review periods to reassess the continued need for the authorization. In conclusion, the Washington Signature Authorization — Unanimous Written Consent Regarding Resolution Authorizing Bank to Honor Instruments Bearing Facsimile Signatures is a vital legal document that enables organizations to expedite their banking processes by authorizing the use of facsimile signatures. This document ensures compliance with Washington State regulations while streamlining financial transactions and increasing operational efficiency.
