The Michigan Purchase Item — Resolution For— - Corporate Resolutions is a legal document used in the state of Michigan for corporations to authorize and approve the purchase of certain items or assets. It outlines the details of the item being purchased and the resolution passed by the corporate board or shareholders. This form is typically used to ensure that the purchase is made in accordance with the corporation's bylaws and the laws of the state. It helps establish the authorization and legality of the purchase, ensuring accountability and transparency within the company. The form includes several sections such as the name of the corporation, the details of the item being purchased (including its description, quantity, and price), and the resolution passed by the corporate board or shareholders approving the purchase. It may also include any specific terms or conditions related to the purchase. Different types or versions of the Michigan Purchase Item — Resolution For— - Corporate Resolutions may exist based on the specific requirements or preferences of individual corporations. Some variations may include additional sections for documenting the approval process or for capturing additional signatures. Overall, the Michigan Purchase Item — Resolution For— - Corporate Resolutions is an essential record-keeping document that helps ensure the legality and validity of purchase decisions made by Michigan corporations. It aids in maintaining accurate corporate records and can serve as evidence of the decision-making process in case of any future disputes or audits.