Board resolution: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACMF October 2016 p52.) |
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Revision as of 11:37, 10 February 2017
A formal decision of a board of directors, recorded in writing.
For example, a resolution authorising the opening of a bank account, the signatories authorised to act on the account and approving the account mandate.