Kings New York Authority to Enter Contract — Resolution For— - Corporate Resolutions is a legal document that grants specified individuals within a corporate organization the power to sign and enter into contracts on behalf of the company. This form is crucial for ensuring that the appropriate individuals have the legal authority to bind the corporate entity in contractual agreements. This resolution form is designed to accommodate various types of corporations, including limited liability companies (LCS), partnerships, and private or public corporations. By adopting this form, a corporation can establish a clear and organized process for authorizing individuals to enter into contracts, ensuring that all contractual agreements are valid and legally binding. The Kings New York Authority to Enter Contract — Resolution For— - Corporate Resolutions may include key elements such as: 1. Corporate information: The form typically starts by capturing essential information about the corporation, such as its legal name, identification number, and registered address, to uniquely identify the corporate entity. 2. Board resolution details: This section outlines the specific resolution passed by the board of directors or members of the corporation, granting authority to designated individuals to enter into contracts. It may include the date of the resolution, the resolution number, and any specific provisions or restrictions imposed by the board regarding contract signing authority. 3. Authorized signatories: The resolution form will clarify the names and positions of individuals authorized to sign contracts on behalf of the corporation. It may include titles such as CEO (Chief Executive Officer), CFO (Chief Financial Officer), or other specified positions within the corporate structure. 4. Limitations or conditions: Depending on the corporation's internal policies or any legal requirements, the resolution form may outline specific conditions or limitations upon the authority granted to signatories. For example, it may require obtaining prior board approval for contracts above a certain monetary threshold or specify certain types of contracts that must be reviewed by legal counsel. 5. Effective date and signatures: The resolution form concludes with spaces for the effective date of the resolution and the signatures of the individuals approving the resolution. This ensures that the resolution is valid and legally binding. It is important to note that the exact content and structure of the Kings New York Authority to Enter Contract — Resolution For— - Corporate Resolutions may vary depending on the requirements of the specific corporation and applicable laws. However, the form generally encompasses the elements mentioned above, providing a clear framework for authorizing contract signing authority within the organization.