Seven steps for writing a board resolution, plus a definition, what it's required, how to pass a resolution and FAQs. The Board of Directors has determined that it is in the best interests of the Corporation to acquire certain shares of the common stock of COMPANY NAME.Your board resolution document should be clear and precise. It should show the director's decisions and only include details related to the matter. Item 8: Community Property: Complete the table stating your position on division of your real and personal property, pensions, vehicles and other investments. Board resolutions are common tools that boards need to perform their duties. RTA Executive Director Farhad Moghimi stated that in coordination with the RTA. D I am a public officer filing this Financial Disclosure Statement covering the 12 months of calendar year 20_.