In this article, we'll cover how to write a board resolution, why it's important, and how you can make the process easier. Note: Entities can list up to 6 bank accounts.Each bank account number on the e-resolution requires a separate bank section to be completed. The resolution officially authorizes members to open a bank account, apply for loans, and make withdrawals in the company's name. A board resolution for borrowing money from a bank is necessary for a company to go into debt. A Georgia corporation resolution form is a legal document that directors of a corporation adopt to document consent and agreement between all relevant parties. (a) The board of directors shall be responsible for the affairs, funds, and records of the credit union and shall meet as often as necessary.