Corporate Resolution To Sign Documents for the United States

Corporate Resolution To Sign Documents Template for United States

A Corporate Resolution To Sign Documents is a formal declaration of a corporation's board of directors that identifies specific individuals who are authorized to sign documents on behalf of the corporation. Under U.S. corporate law, this document serves as official evidence of the board's approval and delegation of signing authority, typically required by banks, government agencies, and other institutions that deal with the corporation.

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Corporate Resolution To Sign Documents

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What is a Corporate Resolution To Sign Documents?

A Corporate Resolution To Sign Documents is essential for businesses operating in the United States to establish clear authority for executing contracts and other legal documents. This formal instrument is commonly required when opening bank accounts, entering into major contracts, or dealing with government agencies. The resolution specifies who can sign what types of documents, any limitations on their authority, and often includes specimen signatures. It provides third parties with assurance that the individual signing has the corporation's authority to execute documents.

What sections should be included in a Corporate Resolution To Sign Documents?

1. Title and Date: Formal identification of the document and date of resolution

2. Company Information: Legal name of corporation, state of incorporation, and registered office

3. Meeting Details: Type of meeting, location, date, and attendees/quorum confirmation

4. Recitals: Background information explaining why the resolution is needed

5. Resolution Statement: The actual resolution authorizing specific individuals to sign documents

6. Authorized Actions: Specific powers being granted and types of documents covered

7. Certification: Secretary's certification of the resolution's validity

What sections are optional to include in a Corporate Resolution To Sign Documents?

1. Limitations: Specific restrictions on signing authority when authority needs to be limited by amount, type, or scope

2. Duration: Time period for which authorization is valid when authorization is temporary or needs periodic renewal

3. Multiple Signature Requirements: Rules for multiple signatures when dual signatures or specific combinations are required

What schedules should be included in a Corporate Resolution To Sign Documents?

1. Schedule A - Authorized Signatories: List of authorized individuals with their titles and specimen signatures

2. Schedule B - Document Types: Detailed list of document types covered by the authorization

3. Schedule C - Signing Limits: Table of monetary or transaction limits for different signatories

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

United States

Publisher

Genie AI

Document Type

Board Resolution

Cost

Free to use
Industries

State Corporation Laws: State-specific corporate legislation (e.g., Delaware General Corporation Law) that governs corporate formation, operations, and authority requirements

State Resolution Requirements: Specific requirements set by each state regarding the format, content, and execution of corporate resolutions

Sarbanes-Oxley Act: Federal law establishing enhanced corporate governance and financial disclosure standards for publicly traded companies

Securities Exchange Act: Federal legislation governing securities markets and related corporate responsibilities for public companies

Federal E-SIGN Act: Federal law establishing the legal validity of electronic signatures and records in interstate commerce

Articles of Incorporation: Company's founding document that outlines basic corporate structure and governance requirements

Corporate Bylaws: Internal rules and procedures governing the corporation's operations and decision-making processes

Delegation of Authority Policies: Existing company policies that outline who has authority to sign various types of documents

State Agency Laws: Laws governing principal-agent relationships and authority to act on behalf of the corporation

Fiduciary Duties: Legal obligations of officers and directors to act in the best interest of the corporation

Uniform Commercial Code: Standardized set of business laws regulating financial contracts and transactions

Banking Regulations: Federal and state banking laws governing corporate banking relationships and authorized signatories

Industry-Specific Regulations: Sector-specific requirements and compliance standards for corporate authority and document execution

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

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