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Video Guide on Corporate Resolution Documents management

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Commonly Asked Questions about Corporate Resolution Documents

A corporate resolution is a legal business document created and written by a board of directors that describes and declares major corporate decisions. This document may explain who is legally allowed to sign contracts, prepare assignments, sell real estate or determine other decisions related to business transactions.
A corporate resolution is considered a binding document, so its stored in the corporate records book after the board members sign it.
A corporations bylaws, also called company bylaws or just bylaws, are a legal document setting forth key rules and regulations governing the corporations day-to-day operations.
Corporate resolution (also known as a board resolution) is a written legal document, issued by the board of directors of a corporation, documenting a binding decision made on behalf of the corporation.
Bylaws document the rules for how the corporation shall be governed. Resolutions are prepared as needed to document important decisions and actions taken by the board of directors on behalf of the corporation.
Resolutions of the board of directors approving a new by-law or amending or repealing an existing by-law. These resolutions are drafted as Standard Clauses to be inserted into board minutes or a written resolution of the board.