This corporate resolution form will often specify who may sign checks, borrow money or make banking decisions. 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. 3 Years Tax Returns on business. Texas Corporate Resolution Template. If you need to put major company decisions in writing then use a corporate resolution. A specific corporate resolution that authorizes specific corporate officers with the legal standing to sign contracts on behalf of the corporation.