Document background
An Authorised Signatory Board Resolution is a crucial corporate governance document used when a company needs to formally delegate signing authority to specific individuals. Under Belgian law, particularly the Belgian Code of Companies and Associations, companies must maintain clear records of who has the power to bind the organization. This document is typically required when setting up new signing authorities, changing existing ones, or establishing specific signing powers for certain types of transactions. It's essential for banking relationships, commercial contracts, and regulatory compliance. The resolution must specify the scope of authority, any limitations, and usually includes supporting documentation such as specimen signatures. It's particularly important in the Belgian context where formal documentation of corporate authority is strictly regulated and may require notarial intervention in certain cases.
