A board resolution is a formal document that formally communicates the actions of the board of directors to interested parties. The document is also a legal tool to help protect the interests of the corporation and its shareholders. Board resolutions are used for a variety of purposes, including authorizing transactions, approving financial statements, and ratifying certain actions by management. When preparing a board resolution, it is important to ensure that all required elements are included in order to create a legally binding document. To avoid any confusion or uncertainty about the actions of the board, it is best to have an experienced corporate attorney draft and review your resolution before adopting it.
You will discover more details relating to the board resolution by checking out the table we prepared.
|Form Name||Board Resolution|
|Form Length||1 pages|
|Avg. time to fill out||15 sec|
|Other names||corporate resolution template pdf, corporate resolution form, resolution authorizing signature, blank corporate resolution form|