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Corporate resolutions are resolutions made by your directors and shareholders on behalf of the company. These resolutions can range from assigning a lease or authorizing a contract, to selling real estate or terminating a lease.

File form to apply for S corp status Once your Michigan LLC is approved by the state, you need to file Form 2553, Election by a Small Business Corporation, to get S corp tax designation.

A corporate resolution generally involves major decisions such as the changing of ownership structure, voting in of new board members, or the sale of company shares. A corporate resolution is also generally used to authorize people to access corporate funds, sign checks and acquire loans on behalf of the corporation.

A corporate resolution is an official document adopted by a corporation's board of directors or shareholders that records a formal decision or action taken by the corporation. These resolutions serve as a key component of a corporation's governance and record-keeping practices.

A corporate resolution outlines the decisions and actions made by a company's board of directors. A corporation might use a corporate resolution to establish itself as an independent legal entity, which is separate from the owners.

The judicial branch is in charge of deciding the meaning of laws, how to apply them to real situations, and whether a law breaks the rules of the Constitution. The Constitution is the highest law of our Nation. The U.S. Supreme Court, the highest court in the United States, is part of the judicial branch.