Florida Authority to Enter Contract — Resolution For— - Corporate Resolutions Keywords: Florida, authority to enter contract, resolution form, corporate resolutions Description: The Florida Authority to Enter Contract — Resolution For— - Corporate Resolutions is a legal document used by corporations in the state of Florida to grant authorization for individuals or entities to enter into contracts on behalf of the company. This resolution form plays a crucial role in defining the powers and responsibilities of specific individuals within the corporation. The form includes important details such as the name of the corporation, the resolution number, and the date of approval. It also identifies the authorized signatory, usually a corporate officer or director, who has the power to act on behalf of the corporation and enter into contracts. In addition, the form outlines specific guidelines and limitations regarding the types of contracts that can be entered into by the authorized signatory. This ensures that the individual understands the scope of their authority and prevents any unauthorized actions that could potentially harm the corporation. Different Types of Florida Authority to Enter Contract — Resolution Form— - Corporate Resolutions: 1. General Authority Resolution: This type of resolution grants broad general authority to an individual or entity to enter into contracts on behalf of the corporation. The authorized signatory is given the power to negotiate and execute a wide range of contracts, subject to the corporation's policies and limitations. 2. Limited Authority Resolution: This resolution specifies specific types of contracts or limitations on authority granted to the authorized signatory. It may define the maximum contract value that can be entered into or restrict the types of contracts that can be executed. 3. Emergency Authority Resolution: This type of resolution grants temporary authority to an individual or entity in emergency situations where immediate contract execution is required to protect the interests of the corporation. It may have a time limit or require subsequent approval by the board of directors. 4. Special Authority Resolution: This resolution grants authority to an individual or entity for a specific purpose or contract. It is usually limited in scope and duration, and the authorized signatory is only permitted to act within the defined parameters of the resolution. In conclusion, the Florida Authority to Enter Contract — Resolution For— - Corporate Resolutions is a critical legal document that ensures proper authorization for individuals or entities to enter into contracts on behalf of a corporation. These resolutions can vary in type and scope, depending on the specific needs and requirements of the corporation.