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Board of Directors Resolutions (or Board of Directors Resolutions) are formal documents that define and record official decisions made by a board of Directors. They are therefore legally binding for the organization. As part of a company’s verification process, they can be requested by shareholders or by government officials.

Board resolutions are usually drafted during board meetings. They must be approved by a majority vote of the board. They could be ad hoc documents that the board decides to approve and votes on outside of an official meeting. There are a variety of resolutions, which include motions to waive notice, minutes, and adjournment.

At a board session, the board will first go over the proposed resolution and decide the need for additional information or details need to be added. Then, a member of the board will propose to adopt the resolution, and another board member will vote to support it. If the motion is approved the board will vote on the resolution according to a process described in the organization’s bylaws. The votes are recorded in the minutes of the board meetings by the corporate secretary. The resolution is then signed by the appropriate officers.

It can be a daunting task to write and record a resolution for a board. However, knowing how to write one is a breeze. By following a standard format and providing clear, concise information boards can quickly and efficiently approve resolutions that meet the organization’s needs. Ensure that your board resolutions are legal and effective by storing them in a secure online repository with Board Management Software.