This corporate resolution to purchase vehicle includes details covering a description of the vehicle, its purchase price, and the name of the seller. A board resolution acts as a formal record of the board's decision regarding the car loan.Production company is required to complete and submit a separate loan-out affidavit for every personal service or loan-out company included. Edit, sign, and share corporate resolution to purchase vehicle online. No need to install software, just go to DocHub, and sign up instantly and for free. The Dodd-Frank Act of 2010 is a comprehensive bill designed to regulate loans, credit and mortgages in order to protect the consumer and oversee Wall Street. Closing your car loan involves more than just a phone call. A formal car loan closure letter is crucial for a smooth and documented process. Refinance your Auto Loan with St. Mary's in 3 easy steps: Complete our auto loan application form. I want to get out of a car dealership finance loan I just signed and use my own financer.