A corporate resolution is a legal document that outlines actions a board of directors will take on behalf of a corporation. Procedurally, sections or committees present resolutions to the Board with a full report on the issues involved and include supporting and opposing views.A specific corporate resolution that authorizes specific corporate officers with the legal standing to sign contracts on behalf of the corporation. SRC authorizes a Limited Contract Review (LCR) Committee to evaluate and approve those. Call (215) 545-4830 - Danziger Shapiro, P.C. is dedicated to serving our clients with a range of legal services including Business and Corporate cases.