Resolution of Board of Directors

Make a professional board of directors’ agreement after making a resolution to a specific issue

Are you planning to prepare a Resolution of Board of Directors agreement and looking to hire a good attorney to prepare this agreement without any legal jargons? No worries. There are many professional resolution of board of directors’ templates available in the online. You can go through a few templates and pick the one that is clear and has all the terms and conditions. Ideally, this resolution of board directors’ agreement is actually used to clearly document the decision that is taken during a particular fiscal year. The board of directors of an organization will make directors resolution in their annual board of directors meeting and discuss about the company goals, targets and other important things. However, the aim of board resolution is that, the board of directors has to discuss on a particular issue and take an informed decision about it. Ideally, the decision that is taken by the board of directors on that specific issue is being documented in a crisp and clear manner in board of director resolution agreement.

The issue that is being discussed by the top executives of the organization may be anything from rebuilding their logo, selling the assets, appointing a new employee in the management to moving the office to another location. For instance, if you are a director of any organization and are going to take any business decision that have impact on your business, then you need to prepare a formal resolution for the issue that was being addressed in the meeting. As per the state laws and corporate bylaws, the resolution made should be agreed by all the directors. Most importantly, all the directors should sign the agreement along with date and time for the decided corporate resolution. Subsequently, the officers of the organization can take a step to implement the resolution made by the board of directors.

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Resolution of board of directors.

Certified Copy of Resolution of Board of Directors
I certify that I am the elected and qualified secretary of _________, a corporation organized and existing under the law of the State of _________, and that the following is a true and correct copy of certain resolutions adopted at a meeting of the Board of Directors of that corporation, held on _________[date], and that these resolutions are now in full force and effect, and have not been revoked, altered, or amended:
“Be it resolved that this corporation enter into a trust agreement with _________[name] as trustee under an agreement dated _________ and known as trust number _________, in which this corporation shall be designated as a beneficiary in the assignment of beneficial interest under that trust, and that agreement or assignment is executed on behalf of the corporation by any _________[number] of the officers described here. The subject matter of the trust agreement shall be the following described parcels of real estate: _________[set forth legal description and address].
“And be it further resolved, that any _________[number] of the following officers of this corporation are now given the authority to direct the trustee: to convey title to the real estate; to execute and deliver deeds, mortgages, notes, and any and all other documents pertaining to the property, in all matters regarding the trust or trust property or proceeds from it.
“And be it further resolved, that any _________[number] of the following officers are authorized to execute assignments, assigning all or part of the beneficial interest under this trust.
“And be it further resolved, that the authority of the following officers be continuing, and, unless notified in writing to the contrary, the trustee and purchaser of the real estate or of the beneficial interest, or any person loaning money or otherwise dealing with the following officers, shall be fully protected and rely on the direction of these officers. No one shall be required to see to the application of monies or assets paid or delivered to these officers or pursuant to their direction, or to inquire into the propriety of the exercise of their authority:
_______________
_______________
_______________
[Names, titles, and signatures of directors]

“And be it further resolved, that the secretary of this corporation is authorized to certify under the corporate seal of the corporation, to the Trustee, a copy of these resolutions and the names of the persons authorized to act on behalf of the corporation in the premises. The Trustee is authorized to rely on these certifications of the Secretary of the corporation until it is formally advised of changes in it by a subsequent certification under the corporate seal.”
I have affixed my name as secretary and have caused the corporate seal of the corporation to be affixed.
Dated _________.

_______________
[Signature of corporate secretary]

[Seal]