(Certificate of Secretary) The corporate resolution is a document that must attest that individual executing a Lease Agreement on its behalf is duly authorized to do so. The resolution identifies those officers authorized by the board of directors to enter the corporation into the lease. A signatory's authority is commonly confirmed by the execution of a "corporate resolution or certificate of secretary". This document should be certified by the corporate secretary or assistant secretary and usually the "Lessee's Corporate Seal" is ordinarily required for large transactions over $75,000.
Is a document which empowers and lists which individuals and departments can trade, invest, speculate, or hedge on the behalf of the corporation. Resolutions are passed on a case-by-case basis unlike the Corporate Charter. This document is authorized by the Board of Directors.
A written document adopted by the corporation's board of directors identifying the corporate officers who have the authority to sell, assign, and transfer securities held in the name of the corporation. For transfer or payment of a bond, you must present either the original document or a photocopy with a Medallion Signature Guarantee. The resolution must be executed within the past 180 days and affixed with a corporate seal (if available).
A written document that describes an action taken by the board of directors of a corporation. For example, when a corporation issues a stock dividend, the declaration of the dividend is a corporate resolution.