A Board Resolution For Raising Funds is a crucial corporate governance document required when a company seeks to raise capital through various means such as equity offerings, debt instruments, or other financing methods. This document is particularly important in the United States as it demonstrates compliance with fiduciary duties under corporate law and provides protection for board members by formally documenting their decision-making process. The resolution typically specifies the amount of funding sought, the method of fundraising, use of proceeds, and designates authorized representatives to execute the fundraising activities. It serves as evidence of proper corporate authorization for regulatory bodies, potential investors, and financial institutions.
Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Title and Date: Formal identification of the resolution and date of adoption
2. Recitals: Background information and context for the resolution, including reference to relevant laws and regulations
3. Resolution Statement: The formal 'RESOLVED' statements detailing the approved actions for fundraising
4. Authorization: Specific powers granted to officers/representatives to execute the fundraising activities
5. Certification: Secretary's certification of the resolution's adoption and authenticity
1. Terms of Fundraising: Detailed specifications of the fundraising method, including type of securities, amount to be raised, and pricing
2. Use of Proceeds: Specific allocation and intended use of the funds to be raised
3. Compliance Statements: Declarations ensuring compliance with relevant securities laws and regulations
1. Schedule A - Terms of Securities: Detailed terms and conditions of any securities being issued as part of the fundraising
2. Schedule B - Funding Plan: Comprehensive fundraising strategy, timeline, and implementation plan
3. Schedule C - Use of Proceeds: Detailed breakdown and allocation of how the raised funds will be utilized
Company
Board of Directors
Authorized Officers
Securities
Offering
Offering Documents
Offering Price
Closing Date
Maximum Offering Amount
Minimum Offering Amount
Proceeds
Use of Proceeds
Investors
Accredited Investors
Investment Agreement
Subscription Agreement
Placement Agent
Due Diligence
Material Agreements
Regulatory Approvals
Securities Act
Exchange Act
SEC
Business Day
Fiscal Year
Governing Law
Corporate Records
Certificate of Incorporation
Bylaws
Required Consents
Transaction Documents
Authority and Power
Type of Funding
Amount Authorization
Purpose of Funds
Terms of Issuance
Execution Authority
Officer Designation
Securities Registration
Regulatory Compliance
Use of Proceeds
Document Authorization
Further Actions
Implementation Powers
Ratification
Certification
Governing Law
Filing Authorization
Bank Account Authority
Professional Engagement
Due Diligence Authorization
Disclosure Approval
Securities Compliance
Record Keeping
Previous Resolutions
Effective Date
Find the exact document you need
Unanimous Resolution Of The Board
A U.S. corporate document recording unanimous decisions made by all board members without a formal meeting.
Trustee Appointment Resolution
A formal U.S. legal document that officially appoints a trustee and outlines their powers and responsibilities in managing a trust.
Simple Corporate Resolution
A U.S. corporate resolution document recording formal decisions made by a corporation's board of directors or shareholders.
Shareholder Resolution For Appointment Of Director
A formal US corporate document recording shareholders' approval for appointing a new board director.
Shareholder Resolution Appointing Directors
A U.S. corporate document formalizing shareholders' appointment of new board directors, compliant with federal and state regulations.
Resolution To Remove Signatory From Bank Account
A U.S. corporate resolution document that officially removes an individual's bank account signing authority.
Resolution To Open Bank Account For Association
A U.S. legal document authorizing an association to open and maintain bank accounts through designated representatives.
Resolution To Appoint New Director
A U.S. corporate resolution documenting the formal appointment of a new member to a company's board of directors.
Resolution To Appoint Authorised Signatory
A U.S. corporate resolution that formally designates individuals with authority to sign documents and conduct transactions on behalf of an organization.
Resolution Resignation Of Director
A formal U.S. corporate document recording board acceptance of a director's resignation and authorizing related actions.
Resolution Of The Sole Director
A U.S. corporate document recording formal decisions made by a corporation's sole director, serving as an official record of corporate actions.
Resolution Of Sole Director
A U.S. corporate document recording formal decisions made by a corporation's sole director, serving as official documentation of corporate actions.
Resolution Of Resignation Of Director
A formal U.S. corporate document recording and accepting a director's resignation from a company's board, complying with federal and state requirements.
Resolution Of Directors Signing Authority
A U.S. corporate resolution that formally delegates signing authority to specified individuals within an organization.
Resolution Of Board Of Directors To Open Bank Account
A U.S. corporate resolution authorizing the establishment of a bank account and designating authorized signatories.
Resolution Of Board Of Directors For Authorised Signatory
A U.S. corporate document that formally delegates signing authority to designated individuals within an organization, as approved by the board of directors.
Resolution Of Authorised Signatory
A U.S. corporate document that formally designates individuals authorized to sign documents and enter into binding agreements on behalf of an organization.
Resolution From Board Of Directors
A formal U.S. corporate document recording decisions made by a company's Board of Directors, compliant with federal and state corporate laws.
Resolution For Opening Bank Account Of Company
A U.S. corporate document authorizing the opening of a company bank account and designating authorized signatories.
Resolution For Director Resignation
A formal U.S. corporate document recording the board's acceptance of a director's resignation and implementing the departure process.
Resolution For Change In Authorised Signatory In Bank
A U.S. corporate resolution document authorizing changes to bank account signatories.
Resolution For Authorized Signatory
A U.S. corporate document that formally authorizes specific individuals to sign documents and enter into agreements on behalf of a company.
Resolution For Authorised Signatory In Bank
A formal U.S. corporate resolution designating individuals authorized to conduct banking transactions on behalf of an organization.
Resolution For Authorisation To Sign Documents
A U.S. corporate resolution authorizing designated individuals to sign documents on behalf of the organization.
Resolution For Appointment Of Trustee
A U.S. legal document formally appointing a trustee and defining their powers and responsibilities under state and federal law.
Resolution For Appointment Of Nominee Director
A U.S. corporate resolution document formalizing the appointment of a nominee director to a company's board of directors.
Resolution Document From Board Of Directors
A formal U.S. legal document recording decisions made by a company's board of directors, serving as an official record of corporate actions.
Resolution Appointment Of Director
A U.S. corporate document formally recording a board's decision to appoint a new director, complying with federal and state requirements.
Resolution Appointing Officers
A formal U.S. corporate document recording the Board's appointment of company officers, subject to federal and state corporate laws.
Resolution Appointing New Board Members
A U.S. corporate resolution that formally documents the appointment of new board members, ensuring compliance with federal and state regulations.
Resignation Of Director Resolution
A U.S. corporate document formally accepting a director's resignation from the board, complying with federal and state requirements.
Resignation Of Director Minutes
An official record of a board meeting documenting a director's resignation, complying with U.S. corporate law requirements.
Resignation Of Director Board Resolution
A U.S. corporate document formally recording a board's acceptance of a director's resignation and related decisions.
Removal Of Director Resolution
A U.S. corporate resolution documenting the formal removal of a director from a company's board.
Partnership Resolution To Open Bank Account
A U.S. legal document authorizing the opening and operation of a partnership bank account, complying with federal and state banking regulations.
Partnership Resolution For Opening Bank Account
A formal U.S. partnership document authorizing the opening of a bank account and designating authorized individuals to conduct banking transactions.
Opening Of Bank Account Board Resolution
A formal U.S. corporate resolution authorizing the opening and operation of a bank account with specified authorized signatories and banking powers.
Generic Corporate Resolution Form
A U.S. corporate governance document recording formal decisions made by a company's board of directors or shareholders.
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.
Dividend Declaration Board Resolution
A U.S. corporate document recording the board's formal decision to distribute dividends to shareholders.
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
.png)
.png)