Arlington Texas Corporate Resolution Authorizing a Charitable Contribution

State:
Multi-State
City:
Arlington
Control #:
US-00585BG
Format:
Word; 
Rich Text
Instant download

Description

Corporations have some of the same powers as a natural person, such as the right to own property. Modern corporation statutes give corporations broad powers. The Revised Model Business Corporation Act grants a corporation “the same powers as an individual to do all things necessary or convenient to carry out its business and affairs.” (' 3.02 of the RMBCA).

The RMBCA even authorizes a corporation to make charitable contributions. The following form is a sample of a corporate resolution authorizing a charitable contribution.

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Arlington Texas Corporate Resolution Authorizing a Charitable Contribution