Board Resolutions: Initial Public Offering | Practical Law

Board Resolutions: Initial Public Offering | Practical Law

Standard forms of resolutions of the board of directors of a US corporation that is conducting an initial public offering of its common stock, registered under the Securities Act. Once these standard forms have been adapted to create board resolutions for a particular issuer, the completed board resolutions should be adopted by the board at a board meeting and included in the minutes of the board, or if the board will act by unanimous written consent, the resolutions should be inserted into a form of unanimous written consent to be signed by all board members and included in the minutes of the board. These standard forms can be adapted if the issuer is a type of entity other than a US corporation, or the offered securities are a type of security other than common stock. These Standard Clauses have integrated notes with important explanations and drafting tips.

Board Resolutions: Initial Public Offering

Practical Law Standard Clauses 9-381-8517 (Approx. 25 pages)

Board Resolutions: Initial Public Offering

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
Standard forms of resolutions of the board of directors of a US corporation that is conducting an initial public offering of its common stock, registered under the Securities Act. Once these standard forms have been adapted to create board resolutions for a particular issuer, the completed board resolutions should be adopted by the board at a board meeting and included in the minutes of the board, or if the board will act by unanimous written consent, the resolutions should be inserted into a form of unanimous written consent to be signed by all board members and included in the minutes of the board. These standard forms can be adapted if the issuer is a type of entity other than a US corporation, or the offered securities are a type of security other than common stock. These Standard Clauses have integrated notes with important explanations and drafting tips.