Board Resolutions: Granting Execution Authority to Officers (IL) | Practical Law

Board Resolutions: Granting Execution Authority to Officers (IL) | Practical Law

Resolutions of the board of directors granting officers of an Illinois corporation the authority to execute and deliver documents on behalf of the corporation. This resolution is drafted as a Standard Clause and should be inserted into board minutes or a form of unanimous written consent. This Standard Clause has integrated notes with important explanations and drafting tips.

Board Resolutions: Granting Execution Authority to Officers (IL)

Practical Law Standard Clauses w-002-4243 (Approx. 6 pages)

Board Resolutions: Granting Execution Authority to Officers (IL)

by Practical Law Corporate & Securities
Law stated as of 09 Aug 2023Illinois
Resolutions of the board of directors granting officers of an Illinois corporation the authority to execute and deliver documents on behalf of the corporation. This resolution is drafted as a Standard Clause and should be inserted into board minutes or a form of unanimous written consent. This Standard Clause has integrated notes with important explanations and drafting tips.