11.25.09
How to Write a Corporate Resolution
Corporate resolutions should, at a minimum, be simple while containing the legal language to show that the board of directors met the fiduciary duties of care and loyalty. Ideally, the resolution should be contemporaneous and reflect meetings (or written consents) executed in the time-frame of the approved actions rather than after-the-fact. If not by unanimous consent, it should specify the voting results for each resolution. Of course, every resolution should be dated, signed and stored in the official corporate minutes binder.
