Form with which a corporation may resolve to authorize an officer or representative to loan a specific amount of funds to another party.
Corporate Resolutions Meaning In Virginia
State:
Multi-State
Control #:
US-0043-CR
Format:
Word;
Rich Text
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A corporate resolution is a legal document that outlines actions a board of directors will take on behalf of a corporation. Put simply, the initial resolution shows how the corporation acts in between its formation and the adoption of its internal governing documents (your bylaws)."Means" denotes an exhaustive definition. "Membership" means the rights of a member in a domestic or foreign nonstock corporation or limited liability company.