Seven steps for writing a board resolution, plus a definition, what it's required, how to pass a resolution and FAQs. "Resolved That the now authorized, or having applied for authority to do a captive insurance business in the State of New.Your board resolution document should be clear and precise. It should show the director's decisions and only include details related to the matter. The Board of Directors shall obtain a corporate seal, which shall bear the words "Corporate Seal of Nassau Bay Economic Development Corporation. A board resolution template provides guidance when creating resolutions, streamlining the process for greater efficiency. RESOLVED, that pursuant to Section 105 of the Public Officers Law, the Directors of the. RESOLVED, that pursuant to Section 105 of the Public Officers Law, the Directors of the. The resolution then becomes part of the company's record and is legally binding.