Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
In addition to meeting the numerical standards for small, your business must: Be a for-profit business of any legal structure. Be independently owned and operated. Not be nationally dominant in its field. Be physically located and operate in the U.S. or its territories.
SBA Form 160, Resolution of Board of Directors is a form issued by the Small Business Administration (SBA) and filed with SBA Business expansion loans including direct, guaranteed or participation loans.
(b) SBA Form 652, a certification by the concern you are financing that it will not illegally discriminate (see part 112 of this chapter).
The resolution is a document recording the decisions made by the board members regarding decisions and actions a company will take.