Authorized Signatory Form Template for Singapore

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Key Requirements PROMPT example:

Authorized Signatory Form

"Need an Authorized Signatory Form for our Singapore subsidiary that grants signing authority to our new Regional Finance Director with a transaction limit of SGD 500,000, effective from March 1, 2025."

Document background

The Authorized Signatory Form is a crucial corporate governance document used in Singapore to formally delegate signing authority within organizations. It serves as official documentation of who can legally bind the company in various transactions and dealings. The form typically includes detailed information about the authorized individual, their powers and limitations, specimen signatures, and relevant board approvals. Under Singapore law, this document is essential for compliance with the Companies Act and various regulatory requirements, particularly in banking, corporate, and commercial transactions. It provides third parties with clear evidence of an individual's authority to act on behalf of the company.

Suggested Sections

1. Company Information: Legal name, registration number, registered address

2. Authorized Individual Details: Full name, designation, NRIC/Passport number

3. Scope of Authority: Specific powers and limitations of the signatory

4. Specimen Signature: Official signature sample of the authorized person

5. Certification: Board resolution reference or director's certification

Optional Sections

1. Transaction Limits: Monetary limits for transactions, used when authority is financially restricted

2. Joint Signing Requirements: Details of joint signature requirements, used when multiple signatures are needed

3. Digital Signature Authorization: Authorization for electronic signatures, used when electronic signing is permitted

Suggested Schedules

1. Board Resolution Extract: Copy of relevant board resolution appointing the signatory

2. Identity Documents: Copies of NRIC/Passport of authorized signatory

3. Additional Verification Documents: Any supporting documents required for specific industries or purposes

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

alex.den.21@genieai.co

Relevant legal definitions

Authorized Signatory
Company
Board Resolution
Signing Authority
Specimen Signature
Transaction Limit
Effective Date
Joint Signing Authority
Powers
Designated Documents
Corporate Seal
Digital Signature
Electronic Signature
Governing Law
Revocation

Clauses

Appointment and Authority
Scope of Powers
Duration of Authority
Limitations and Restrictions
Joint Signing Requirements
Revocation
Specimen Signatures
Certification
Corporate Authorization
Indemnification
Governing Law
Electronic Signatures
Document Types
Transaction Limits
Compliance Requirements

Relevant Industries

Banking and Finance
Corporate Services
Legal Services
Trade and Commerce
Government Services

Relevant Teams

Legal
Finance
Corporate Secretarial
Operations
Compliance
Human Resources

Relevant Roles

Chief Executive Officer
Chief Financial Officer
Company Director
Company Secretary
Department Head
Regional Manager

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Let's create your Authorized Signatory Form

Authors

Alex Denne

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