Resolutions of the board of directors of a Pennsylvania business corporation electing directors to fill director vacancies. Every bank will have its own procedures for accepting banking resolutions.The resolution officially authorizes members to open a bank account, apply for loans, and make withdrawals in the company's name. Model Corporate Resolution for SBA Commitment. Learn if a corporate resolution is needed for your LLC, how to fill out a corporate resolution form and more in this guide. This program offers loan guarantees to lenders for their loans to rural businesses. Title 15 Corporations and Unincorporated Associations Part I. Preliminary Provisions Chapter 1. General Provisions Subchapter A. Preliminary Provisions