A board resolution for borrowing money from a bank is necessary for a company to go into debt. Any dispute under this Letter of Credit must be brought in a court of competent jurisdiction sitting in the.County of Los Angeles, California. Download the free corporate borrowing resolution template as a word document or PDF. It is perfect to write a board resolution for an SBA loan from a bank. Lease Revenue Obligations from time to time in an aggregate principal amount up to. What is a Banking Resolution? Lease Revenue Obligations from time to time in an aggregate principal amount up to. Corporate Resolutions. How to fill out a resolution of the board of directors?