Writing a Board Resolution

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Writing a board resolution requires putting down in writing a course of action that has been agreed upon by an organization. Have the CEO or an important board member sign a board resolution with insight from a marketing and business management professor in this free video on business.

Part of the Video Series: Business Management Tips
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Video Transcript

Hi, my name is Mark and we're going to look at how to write a board resolution. A board resolution primarily is a vote by the organization to do...to follow some course of action. So, once this has been agreed, for example, the board has agreed that it would invest X amounts of money into a new car plant, or into new sporting facilities for the company, it has to be verified and signed by the CEO or the chairman, the managing director of the organization. So this is basically an agreement that has happened internally, possibly, and has been verified and signed. So it would be a statement saying 'Company X, Y and Z, formerly authorizes that it will spend X, Y and Z on a company related sporting field, incorporating indoor/outdoor swimming pool, that will be built by a period of time, and we the board undersign it. And the person undersigning it will be the aforementioned board member, who will physically sign it and stamp it, and it will be an official document stating the companies agreement to invest this money into the agreed area.

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