Corporate resolution - sustany/dvg GitHub Wiki

Corporate resolution (also known as a board resolution) is a written legal document, issued by the board of directors of a corporation, documenting a binding decision made on behalf of the corporation. The corporate resolution will be adopted at a board meeting, and can be found in the minutes of the meeting detailing the decisions made by the board. A corporate resolution generally involves major decisions such as the changing of ownership structure, voting in of new board members, or the�sale of company shares. A corporate resolution is also generally used to authorize people to access corporate funds, sign checks and acquire loans on behalf of the corporation.