The Virginia Appointment of Purchasing Agent — Resolution For— - Corporate Resolutions is a legal document used by corporations in the state of Virginia to appoint a purchasing agent. This form is typically used during board meetings where the company's directors pass a resolution, authorizing the appointment of an individual or entity as the purchasing agent. The form typically begins by stating the name and nature of the corporation, along with the date and location of the meeting. This information is essential to clearly identify the corporation and its legal status. The form should also include the names and titles of the directors present at the meeting. Next, the resolution itself is detailed. It declares the intention of the corporation to appoint a purchasing agent and provides the necessary authority for the agent to act on behalf of the corporation in purchasing goods and services. The resolution should specify the scope of authority, including any limits or restrictions that apply to the purchasing agent. The form requires the identification of the individual or entity being appointed as the purchasing agent. This includes their full legal name, position or job title (if applicable), and contact information. The appointment may be for a specific individual or a company providing purchasing services. It is crucial to keep in mind that different types of appointments may exist within the Virginia legal system. While the exact titles may vary, variations of Virginia Appointment of Purchasing Agent — Resolution For— - Corporate Resolutions can include: 1. Appointment of Purchasing Agent for Specific Project: This type of appointment is used when a corporation needs to appoint a purchasing agent specifically for a particular project or endeavor. The resolution will outline the purpose and scope of the project, along with the authority granted to the purchasing agent for that specific project. 2. Appointment of General Purchasing Agent: In contrast to the specific project appointment, this type of appointment designates a purchasing agent with general authority to oversee and handle all purchasing activities on behalf of the corporation. The resolution will establish the agent's authority to make routine purchasing decisions and set spending limits for the agent. Once the resolution is drafted, it is typically put to a vote by the board of directors. The form may contain a section for recording the votes in favor or against the resolution, along with any abstentions. Finally, the form should include space for the signatures of the directors who voted in favor of the resolution. The corporate seal, if applicable, may also be affixed to validate the document. All directors who sign the form should print their names, titles, and dates next to their signatures to ensure clear identification. To ensure legal compliance, it is advisable to have the completed form notarized and kept as part of the corporation's records. Additionally, it is always recommended consulting a lawyer or legal expert experienced in corporate law to ensure the accuracy and adequacy of the form.