Corporate Guarantee Resolution for the United Kingdom

Corporate Guarantee Resolution Template for England and Wales

A Corporate Guarantee Resolution is a formal board document under English and Welsh law that records the decision of a company's board of directors to provide a guarantee in favor of a third party. It demonstrates proper corporate authorization and compliance with internal governance requirements, while also satisfying the statutory requirements for valid guarantee execution. The document serves as evidence that the company has followed proper procedures and obtained necessary approvals before entering into guarantee obligations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Corporate Guarantee Resolution

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Corporate Guarantee Resolution?

A Corporate Guarantee Resolution is essential when a company intends to provide a guarantee under English and Welsh law. It documents the board's approval and authorization of the guarantee, ensuring compliance with both the Companies Act 2006 and internal governance requirements. The resolution typically includes details of the guarantee's purpose, amount, beneficiary, and authorized signatories. It's particularly important for establishing corporate authority and protecting directors from potential liability claims. The document serves as evidence that proper procedures were followed and that the guarantee was properly authorized within the company's powers.

What sections should be included in a Corporate Guarantee Resolution?

1. Title and Date: Corporate resolution details and date of board meeting

2. Attendees: List of directors present and confirmation of quorum

3. Background: Context of the guarantee and relationship with beneficiary

4. Resolutions: Specific decisions regarding the guarantee approval

5. Authority: Authorization of specific individuals to execute the guarantee

6. Certification: Authentication of the resolution by company secretary or director

What sections are optional to include in a Corporate Guarantee Resolution?

1. Related Party Declarations: Required when directors have interests to declare in relation to the guarantee

2. Financial Limits: Specific monetary limitations on the guarantee and any agreed caps on liability

3. Conditions Precedent: Prerequisites and conditions that must be met before the guarantee becomes effective

What schedules should be included in a Corporate Guarantee Resolution?

1. Form of Guarantee: Draft or final version of the guarantee being approved

2. Supporting Documents: Any relevant agreements or documents referenced in the resolution

3. Corporate Authority Documents: Articles of Association excerpts or other authority documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Board Resolution

Cost

Free to use
Industries

Companies Act 2006: Primary legislation governing corporate authority, directors' duties (Sections 171-177), company decision-making processes, and requirements for board resolutions

Statute of Frauds 1677: Historical legislation that requires guarantees to be made in writing and signed to be legally enforceable

Law of Property (Miscellaneous Provisions) Act 1989: Modern contract law legislation that governs the formation and execution of contracts, including guarantees

Ultra Vires Doctrine: Legal principle concerning corporate capacity and whether actions are within the company's powers as defined in its constitutional documents

Articles of Association: Company's constitutional documents that define board powers, limitations, and delegation of authority rules

Financial Services and Markets Act 2000: Regulatory framework for financial services activities, relevant if the guarantee involves regulated activities

Insolvency Act 1986: Legislation covering fraudulent trading, wrongful trading, and transaction avoidance provisions in relation to corporate insolvency

Consumer Credit Act 1974: Legislation governing consumer credit arrangements, applicable if the guarantee involves consumer credit aspects

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Resolution To Change Bank Signatories

An England & Wales corporate document authorizing changes to a company's bank signatories and their specific powers.

find out more

Resolution To Appoint A Director

An England & Wales corporate document confirming a new director's appointment and compliance with Companies Act 2006.

find out more

Partnership Firm Resolution For Opening Bank Account

An England & Wales legal document authorizing partnership bank account operations and designating signatories.

find out more

Directors Resolution

An England & Wales document confirming employment terms before the formal contract, outlining agreed conditions and benefits.

find out more

Corporate Guarantee Resolution

An England & Wales document verifying employment status for official purposes, complying with data protection laws.

find out more

Company Resolution Form

A UK immigration document confirming a sponsor's support and compliance for a visa applicant in England & Wales.

find out more

Board Resolution For Subscribing Shares Of Other Company

An England & Wales legal document verifying a manufacturer's capabilities and compliance for regulatory and tender purposes.

find out more

Board Resolution For Sale Of Company

An England & Wales document outlining volunteer roles, responsibilities, and terms for organizational compliance and risk management.

find out more

Board Resolution For Partnership Firm

An England & Wales document confirming an invitation for visa applications, detailing visit purpose and host commitments.

find out more

Board Resolution For Partnership

An England & Wales document verifying accounts receivable balances for audit accuracy and financial compliance.

find out more

Board Resolution For Opening Trading Account

An England & Wales document confirming mutual understanding and commitments in financial or corporate transactions.

find out more

Board Resolution For Issue Of Shares

An England & Wales legal document verifying completion of court-ordered community service requirements.

find out more

Board Resolution For Grant Of Options

An England & Wales document verifying cash income for financial and regulatory compliance purposes.

find out more

Board Resolution For Dissolution Of Committee

An England & Wales document confirming business agreements, preventing misunderstandings, and ensuring legal clarity.

find out more

Board Resolution For Buy Back Of Shares

An England & Wales banking document verifying signature authenticity for secure financial transactions and compliance.

find out more

Board Resolution For Borrowing

An England & Wales legal document verifying customer accounts for audit compliance and financial accuracy.

find out more

Board Resolution For Authorisation To Represent The Company

A formal document verifying employment status and financial capacity for rental agreements in England and Wales.

find out more

Board Resolution For Authorisation For Sale Of Property

An England & Wales document confirming advance payment terms for goods or services in commercial transactions.

find out more

Board Resolution For Approval Of Annual Budget

An England & Wales document verifying financial details, issued by a qualified accountant for third-party assurance.

find out more

Board Resolution For Appointment Of Compliance Officer

An England & Wales legal document safeguarding business confidential information and intellectual property from employee misuse.

find out more

Board Resolution For Adoption Of Policy

An England & Wales legal agreement preventing employees from making damaging statements about their employer.

find out more

Board Resolution For Acquisition Of Shares

An England & Wales legal document ensuring confidentiality in clinical trials and compliance with UK regulations.

find out more

Board Resolution Authorising Director To Sign Agreement

An England & Wales legal document ensuring confidentiality in client-service provider relationships under GDPR and Data Protection Act.

find out more

Board Resolution Approving Sale Of Shares

An England & Wales legal agreement protecting celebrity information accessed by personal assistants.

find out more

Board Resolution Approving Grant Of Stock Options

An England & Wales policy ensuring structured dental complaint management, protecting patient rights and professional standards.

find out more

Board Resolution Appointing Corporate Secretary

An England & Wales policy outlining standardized procedures for effective customer complaint management and regulatory compliance.

find out more

Board Meeting Minutes For Allotment Of Shares

A corporate legal document detailing the allocation and distribution of company shares to designated individuals or entities.

find out more

Business Corporate Resolution

An England & Wales policy outlining procedures for addressing customer complaints in regulated industries.

find out more

Allotment Of Shares Board Resolution

A corporate resolution authorizing the issuance and distribution of company shares to designated recipients.

find out more

Shareholder Resolution For Appointment Of Director

A formal US corporate document recording shareholders' approval for appointing a new board director.

find out more

Removal Of Director Resolution

A U.S. corporate resolution documenting the formal removal of a director from a company's board.

find out more

Generic Corporate Resolution

A formal U.S. corporate document recording official decisions made by a corporation's governing body, compliant with federal and state laws.

find out more

Corporate Resolution To Sell Property

A U.S. corporate document that formally authorizes the sale of company property through board approval.

find out more

Corporate Resolution To Sell Assets

A U.S. corporate document authorizing the sale of company assets through board approval.

find out more

Corporate Resolution To Purchase (Real Estate)

A U.S. corporate document authorizing the purchase of real estate property, compliant with state corporate and property laws.

find out more

Corporate Resolution To Open Bank Account

A U.S. corporate document authorizing the opening of bank accounts and designating authorized signatories under federal and state banking regulations.

find out more

Corporate Resolution Form For Signing Authority

A U.S. corporate document that formally authorizes specific individuals to sign documents and enter into agreements on behalf of a corporation.

find out more

Corporate Resolution Document

A formal document recording official decisions made by a corporation's governing body under U.S. corporate law.

find out more

Corporate Banking Resolution

A U.S. legal document that establishes the banking relationship between a corporation and its chosen bank, designating authorized individuals and their banking powers.

find out more

Company Resolution To Borrow Money From Bank

A U.S.-governed corporate resolution authorizing company borrowing from a bank, including terms and designated signatories.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now