Products tagged with 'designation of bank form'

Designate the bank for a USA corporation with this template Directors Resolution.

• The Board of Directors resolves that the bank named in the Resolution will act as the corporation's banker.
• The Board authorizes the signing officers to sign and deliver all documents that the bank may require in order to open accounts and carry on the banking arrangements.
• This free corporate resolution form is available as a MS Word template.

Adopt a banking resolution for an Ontario business corporation with this template Directors Resolution Approving Banking Resolution.

• The Board of Directors of the corporation approve and adopt the bank's form of banking resolution as a resolution of the corporation, and authorize its execution by the board.
• The form complies with the requirements of the Ontario Business Corporations Act.
• This template is a downloadable and fully editable MS Word file.
• Intended for use only by corporations formed in the Province of Ontario.

Appoint a financial institution to act as bankers for a Canadian corporation with this Directors Resolution template.

Approval Required

Before the corporation sets up its bank accounts, the choice of a bank must be approved by the directors. The bank will also require copies of the proper corporate approvals.

Who Can Use the Directors Resolution Template

This form can be used by any business corporation in Canada, whether incorporated federally or in one of the provinces that has Business Corporations Act legislation.

Format and Applicability

The template is available in MS Word format. It is easy to use, fully editable, and can be reused whenever necessary. It is intended to be used only within Canada.