Directors Resolution
It important to protect your corporation and its board of directors by legally recording all major decisions and actions. Decisons you may want to record:
1. Director Resolution to change Registered Office
The address within the jurisdiction where the minute book and other important documents are kept, and where important documents may be sent, is the registered office of a corporation. This office is the address on record with the government department responsible for registering corporations.
2. Director Resolution to approve share transfer
3. Director Resolution to issue new shares
4. Director Resolution to issue dividend
A dividend is a payment made to shareholders. The directors of the corporation decide whether or not a dividend payment is made to shareholders.
5. Director Resolution to approve banking resolution
6. Director Resolution to enter into a contract
7. Director Resolution to sell assets
8. Director Resolution to dispense with annual audit and auditor
For a small business, tt is often useful to dispense with an annual audit. However creditors, banks and potential investors will appreciate the transparency of an annual audit. Check your local laws and regulations to ensure that such a resolution is allowed in your jurisdiction.
9. Director Resolution to revoke signing authority
10. Director Resolution to appoint signing authority
11. Director Resolution to remove an officer
12. Director Resolution to accept the resignation of a director
