It shows a bank that the person opening a bank account in a company's name is authorized to do so. Free template for an LLC member resolution.Editable document you can use to formally record member resolutions for your limited liability company. The letter must give the debtor opportunities to pay the debt, enter into a payment agreement, or dispute that they owe the money to the agency. The entire unpaid balance of your loan and any interest you owe becomes immediately due (this is called "acceleration").