US Legal Forms
Agreements - Agreement Forms
Minutes of Meeting of the Directors regarding Bank Loan

Directors Loan With Interest In Chicago

Category:

Loans and Lending - Minutes

State:

Multi-State

City:

Chicago

Control #:

US-00420BG

Format:

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.

Directors Loan With Interest In Chicago

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