The Idaho Certificate of Unanimous Consent of Directors and Shareholders to Sign and Deliver a Promissory Note is a legal document used in Idaho to indicate the agreement and consent of both directors and shareholders of a company to sign and deliver a promissory note. This document ensures that all parties involved are in alignment and committed to the terms and obligations outlined in the promissory note. The certificate serves as proof of unanimous agreement and facilitates the smooth execution of financing arrangements, loans, or debt transactions. It demonstrates the collective understanding and consent of the company's decision-makers, providing a legally binding guarantee of their commitment to the terms of the promissory note. In Idaho, there are different types of Certificates of Unanimous Consent of Directors and Shareholders to Sign and Deliver a Promissory Note that may be formed depending on the specific needs and circumstances of the company. Some key variations include: 1. General Certificate of Unanimous Consent: This type of certificate is the most common and is used when all directors and shareholders of a company unanimously agree to sign and deliver a promissory note. It outlines the details of the promissory note, such as the principal amount, interest rate, repayment terms, and any other relevant provisions. 2. Conditional Certificate of Unanimous Consent: In certain situations, directors and shareholders may need to attach conditions or contingencies to their consent. This conditional certificate ensures that all parties are aware of the specified conditions that must be met before signing and delivering the promissory note. These conditions can include aspects like approval from external stakeholders or regulatory authorities. 3. Amended Certificate of Unanimous Consent: This type of certificate is used when there is a need for changes or modifications to an existing promissory note. It indicates the unanimous agreement of directors and shareholders to amend the terms, and any updates or revisions are attached as an addendum to the certificate. 4. Rescission Certificate of Unanimous Consent: Sometimes, directors and shareholders may decide to cancel or rescind a promissory note altogether. In such cases, a rescission certificate of unanimous consent is used to document the unanimous agreement to discontinue the loan or debt agreement, and any related obligations or responsibilities. The Idaho Certificate of Unanimous Consent of Directors and Shareholders to Sign and Deliver a Promissory Note is an essential legal document that ensures all relevant parties are in agreement and commit to the terms of a promissory note. It provides clarity, transparency, and protects the interests of directors, shareholders, and the company itself in financial transactions.