Directors Loan With Interest In Chicago
Category:
State:
Multi-State
City:
Chicago
Control #:
US-00420BG
Format:
Word;
Rich Text
Instant download
Description
This form contains a resolution of the Board of Directors authorizing the refinancing of a loan of the corporation and names the officers of the corporation authorized to sign the loan documents.
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All loans must be repaid, with interest, regardless of the viability of the project. I'm wanting to add an interest component to a long term loan liability account.Legal publisher offering ordinance codification services for local governments, specializing in providing codes of ordinances in print and on the Internet. Advantage Illinois provides low interest loans to small businesses in Illinois for start-up costs, working capital, equipment and inventory. In terms of statutory accounts and regulatory reporting, you should only need one line item for all loan interest.