Sin categoríaHow to Get Started Drafting Effective Board Resolutions

How to Get Started Drafting Effective Board Resolutions

Board resolutions are documents that are formal documents of crucial decisions taken by board members and authorize organizations or individuals to follow the established plan of action. They are an important part of a board’s authority and can have legal consequences. However, the process of writing effective resolutions can be daunting for directors who are unfamiliar with the procedure.

It is recommended to use a template to familiarize board resolutions drafting effective templates yourself with the style and language of resolutions. This template can be found in your portal to the board. This will make the process of drafting resolutions much simpler for all members and ensure that the document conforms to the format that is required.

A well-crafted board resolution starts with «Whereas» statements that outline the fundamental facts and rationale of a decision. It concludes with «resolved» clauses that clearly identify the specific course of action to be taken. The resolution should contain a list with all the board members who voted either for or against it. There should be a space in which the chairperson, or the designated signatory can sign their name.

It is also crucial to remember that a resolution is only able to be adopted if all directors are present in the same room at the board meeting. It can be a challenge to coordinate when your directors reside in different cities or even countries. This is the reason why a template of a board resolution comes in handy. It lets the board create and approve resolutions quickly and efficiently without having to wait for everyone to be available in the same room for an official board meeting.

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