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Three forms of resolutions are available: ordinary resolution, special resolution and unanimous resolution. There is no concept of special resolution in board meetings and very few unanimous resolutions are also required. However, all three are covered in the case of general meetings.

Examples of Actions that Need Corporate Resolutions Approval of new board members and officers. Acceptance of the corporate bylaws. Creation of a corporate bank account. Designating which board members and officers can access the bank account.

What are Organizational Resolutions? Also known as corporate resolutions, organizational resolutions are certain actions related to the organization and incorporation of a company that are taken or adopted by the Board of Directors during the corporation's first meeting.

Here is an example of a conclusion versus a resolution: Resolution: The team happily celebrated their victory after a challenging face-off with their rival. Here, the resolution marks the end of a story.

Labeling a vote a resolution means that the board believed the issue was important enough to separate it from standard voting issues. A resolution is considered an official board action and it requires a quorum. Board directors must document all official board actions, including resolutions, in their meeting minutes.

A corporate resolution form is used by a board of directors. Its purpose is to provide written documentation that a business is authorized to take specific action. This form is most often used by limited liability companies, s-corps, c-corps, and limited liability partnerships.

In judicial proceedings, ?resolution? means a judgment or decision of the court. In the context of a legislative practice, ?resolution? is just a form in which a legislative body expresses an opinion or a purpose with respect to a given matter or topic that is temporary in nature.