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.
Louisville Kentucky Corporate Resolution Authorizing a Charitable Contribution
Category:
State:
Multi-State
City:
Louisville
Control #:
US-00585BG
Format:
Word;
Rich Text
Instant download
