• US Legal Forms

Procure Treasurers Bond - Resolution Form - Corporate Resolutions

State:
Multi-State
Control #:
US-0047-CR
Format:
Word; 
Rich Text
Instant download

Description

Form with which a corporation may resolve to obtain a bond for the office of the corporate treasurer.

How to fill out Procure Treasurers Bond - Resolution Form - Corporate Resolutions?

Aren't you sick and tired of choosing from countless samples each time you need to create a Procure Treasurers Bond - Resolution Form - Corporate Resolutions? US Legal Forms eliminates the wasted time numerous American citizens spend exploring the internet for appropriate tax and legal forms. Our professional team of lawyers is constantly updating the state-specific Forms collection, so that it always provides the proper documents for your situation.

If you’re a US Legal Forms subscriber, just log in to your account and click the Download button. After that, the form may be found in the My Forms tab.

Users who don't have a subscription should complete simple steps before having the ability to download their Procure Treasurers Bond - Resolution Form - Corporate Resolutions:

  1. Use the Preview function and look at the form description (if available) to make certain that it is the best document for what you’re trying to find.
  2. Pay attention to the applicability of the sample, meaning make sure it's the right sample for the state and situation.
  3. Utilize the Search field on top of the webpage if you need to look for another file.
  4. Click Buy Now and select a convenient pricing plan.
  5. Create an account and pay for the services utilizing a credit card or a PayPal.
  6. Get your document in a needed format to complete, print, and sign the document.

Once you’ve followed the step-by-step guidelines above, you'll always be able to log in and download whatever document you want for whatever state you need it in. With US Legal Forms, completing Procure Treasurers Bond - Resolution Form - Corporate Resolutions templates or any other official files is not hard. Get going now, and don't forget to look at the samples with certified lawyers!

Form popularity

FAQ

A corporate bond is a loan to a company for a predetermined period. In return, the company agrees to pay interest (typically twice per year) and then repay the face value of the bond once it matures.Instead you pay below face value (the amount the issuer promises to repay) and receive full value at maturity.

When you buy a bond, you are lending money to a company or government entity. In exchange, the borrower agrees to pay you a fixed rate of interest, known as a bond dividend. Unlike the dividends on stocks, these are legal obligations and can only be suspended by the issuer in the most dire of circumstances.

Risk Considerations: The primary risks associated with corporate bonds are credit risk, interest rate risk, and market risk. In addition, some corporate bonds can be called for redemption by the issuer and have their principal repaid prior to the maturity date.

Bonds are often touted as less risky than stocks -- and for the most part, they are -- but that does not mean you cannot lose money owning bonds. Bond prices decline when interest rates rise, when the issuer experiences a negative credit event, or as market liquidity dries up.

Corporate bonds are an excellent choice for investors looking for a fixed but higher income from a safe option. Corporate bonds are a low-risk investment vehicle when compared to debt funds as it ensures capital protection. However, these bonds are not entirely safe.

Coupon payments on a bond represent the interest to be paid on the money borrowed via the bond issue. Corporate bonds pay interest semi-annually, which means that, if the coupon is five percent, each $1000 bond will pay the bondholder a payment of $25 every six months--a total of $50 per year.

Corporate bonds usually have $1,000 face values, meaning that the issuer pays the holder $1,000 on the maturity date.For example, you purchase a 5% bond (that is, a bond with a 5% coupon rate) from Company XYZ. The bond has a face value of $1,000.

Among US investment grade, high-yield, and convertible corporate bonds, the latter may offer income-seeking investors the most opportunities in the new year. If you're looking to bonds for ballast, consider high-quality, longer duration bonds.

Trusted and secure by over 3 million people of the world’s leading companies

Procure Treasurers Bond - Resolution Form - Corporate Resolutions