Sample Board Resolution To Change Bank Signatories - Resolution Selecting Bank for Corporation and Account Signatories - Corporate Resolutions

• Category: Sociedades Anónimas - Resoluciones y Actas - Modificaciones
• State: Multi-State
• Control #: US-0091-CR
• Format: Word

Description

Ejemplo de formulario corporativo A board resolution is a formal document that records decisions or actions taken by the board of directors of a company. In the case of changing bank signatories, a sample board resolution provides a template and guidance for the board to officially approve and document the change. This resolution is essential for any company seeking to modify its authorized individuals responsible for conducting financial transactions on behalf of the company. Keywords: board resolution, change, bank signatories, sample, template, document, company, authorized individuals, financial transactions. Sample Board Resolution to Change Bank Signatories: [Company Name] [Date] I. Purpose: This resolution is being passed to formally authorize and document the change of bank signatories for [Company Name]. It provides an official record of the board's decision regarding the modification of individuals authorized to execute financial transactions on behalf of the company. II. Background: [Company Name] currently maintains an account, [Account Name/Number], with [Current Bank]. Due to the need for updated signatories, it has become imperative to change the authorized individuals responsible for managing our banking transactions. III. Proposal: We propose the following individuals to be appointed as new signatories for [Company Name]'s banking activities: 1. [New Signatory 1]: Name, designation/title within the company. 2. [New Signatory 2]: Name, designation/title within the company. 3. [New Signatory 3]: Name, designation/title within the company. IV. Decision: After careful consideration and evaluation, the board of directors resolves to change bank signatories for [Company Name]. The proposed individuals listed above are duly authorized and deemed fit to be appointed as new signatories effective immediately. V. Authorization and Powers: The appointed signatories shall have the necessary authority to operate the company's bank account, including but not limited to signing checks, making electronic fund transfers, and managing other relevant financial activities. VI. Revocation of Previous Signatories: With the appointment of the new signatories, the previous signatories for [Company Name] shall cease to have any further authority and shall be officially revoked. VII. Notification of the Bank: The company secretary is hereby directed to promptly notify [Current Bank] in writing about this change and provide them with the necessary information regarding the newly appointed signatories. VIII. Effective Date: This resolution shall be effective from the date of passing, and the new signatories are hereby authorized to commence their duties immediately. IX. Filing and Distribution: A copy of this resolution shall be filed in the company's records and made available to all relevant parties, including the newly appointed signatories and the corporate bank. Types of Sample Board Resolutions to Change Bank Signatories: 1. Ordinary Board Resolution: This type of resolution is typically used for routine matters and does not require any special circumstances. It may be used when changing bank signatories due to normal turnover or as part of regular governance practices. 2. Extraordinary Board Resolution: This type of resolution is employed when the change of bank signatories is significant and requires immediate action due to unexpected events, such as the resignation or termination of current signatories. 3. Emergency Board Resolution: This type of resolution is utilized in urgent situations where there is an immediate need to change bank signatories due to unforeseen circumstances or emergencies, such as fraud or suspected misconduct. It is important to note that the specific naming of sample board resolutions may vary depending on the company and its internal policies.

A board resolution is a formal document that records decisions or actions taken by the board of directors of a company. In the case of changing bank signatories, a sample board resolution provides a template and guidance for the board to officially approve and document the change. This resolution is essential for any company seeking to modify its authorized individuals responsible for conducting financial transactions on behalf of the company. Keywords: board resolution, change, bank signatories, sample, template, document, company, authorized individuals, financial transactions. Sample Board Resolution to Change Bank Signatories: [Company Name] [Date] I. Purpose: This resolution is being passed to formally authorize and document the change of bank signatories for [Company Name]. It provides an official record of the board's decision regarding the modification of individuals authorized to execute financial transactions on behalf of the company. II. Background: [Company Name] currently maintains an account, [Account Name/Number], with [Current Bank]. Due to the need for updated signatories, it has become imperative to change the authorized individuals responsible for managing our banking transactions. III. Proposal: We propose the following individuals to be appointed as new signatories for [Company Name]'s banking activities: 1. [New Signatory 1]: Name, designation/title within the company. 2. [New Signatory 2]: Name, designation/title within the company. 3. [New Signatory 3]: Name, designation/title within the company. IV. Decision: After careful consideration and evaluation, the board of directors resolves to change bank signatories for [Company Name]. The proposed individuals listed above are duly authorized and deemed fit to be appointed as new signatories effective immediately. V. Authorization and Powers: The appointed signatories shall have the necessary authority to operate the company's bank account, including but not limited to signing checks, making electronic fund transfers, and managing other relevant financial activities. VI. Revocation of Previous Signatories: With the appointment of the new signatories, the previous signatories for [Company Name] shall cease to have any further authority and shall be officially revoked. VII. Notification of the Bank: The company secretary is hereby directed to promptly notify [Current Bank] in writing about this change and provide them with the necessary information regarding the newly appointed signatories. VIII. Effective Date: This resolution shall be effective from the date of passing, and the new signatories are hereby authorized to commence their duties immediately. IX. Filing and Distribution: A copy of this resolution shall be filed in the company's records and made available to all relevant parties, including the newly appointed signatories and the corporate bank. Types of Sample Board Resolutions to Change Bank Signatories: 1. Ordinary Board Resolution: This type of resolution is typically used for routine matters and does not require any special circumstances. It may be used when changing bank signatories due to normal turnover or as part of regular governance practices. 2. Extraordinary Board Resolution: This type of resolution is employed when the change of bank signatories is significant and requires immediate action due to unexpected events, such as the resignation or termination of current signatories. 3. Emergency Board Resolution: This type of resolution is utilized in urgent situations where there is an immediate need to change bank signatories due to unforeseen circumstances or emergencies, such as fraud or suspected misconduct. It is important to note that the specific naming of sample board resolutions may vary depending on the company and its internal policies.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.