Corporate Resolution

A written statement made by the board of directors detailing which officers are authorized to act on behalf of the corporation. The corporate resolution will be found in the board minutes detailing decisions made by the board during the meeting.

The board of directors in a corporation are responsible for making major corporate decisions such as dividends, election of board members, and secondary offerings. For example, a corporate resolution will be created if a board decides to increase the size of the dividend paid to shareholders. The resolution will detail the terms of new dividends along with the date of the board meeting.

Corporate resolutions are also used to identify corporate officers that can trade, assign, transfer or hedge on behalf of the corporation.


Investment dictionary. . 2012.

Look at other dictionaries:

  • corporate resolution — A written document that describes an action taken and approved by the board of directors of a corporation. For example, when a corporation issues a stock dividend, the declaration of the dividend is a corporate resolution. A board might also pass …   Law dictionary

  • Corporate resolution — A corporate resolution is a corporate action, sometimes in the form of a legal document, that will be voted on or has been voted on at a meeting of the board of directors for a corporation. The resolution could also be in the form of a corporate… …   Wikipedia

  • corporate resolution —    A written document recording an action taken by the board of directors of a corporation …   Business law dictionary

  • corporate resolution — /ˌkɔ:p(ə)rət ˌrezə lu:ʃ(ə)n/ noun a document signed by the officers of a corporation, naming those persons who can sign cheques, withdraw cash and have access to the corporation’s bank account …   Dictionary of banking and finance

  • resolution — res·o·lu·tion /ˌre zə lü shən/ n 1: a formal expression of opinion, will, or intention voted by an official body (as a legislature) or assembled group see also concurrent resolution, joint resolution 2: an expressio …   Law dictionary

  • Resolution — may refer to: Resolution (audio), a measure of digital audio quality Resolution (logic), a rule of inference used for automated theorem proving Resolution (law), a written motion adopted by a deliberative body Resolution (debate), the statement… …   Wikipedia

  • resolution — A formal expression of the opinion or will of an official body or a public assembly, adopted by vote; as a legislative resolution. Such may be either a simple, joint or concurrent resolution. The term is usually employed to denote the adoption of …   Black's law dictionary

  • Corporate law — (also company or corporations law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another under the internal rules of the firm.… …   Wikipedia

  • Corporate communication — is the message issued by a corporate organization, body, or institute to its publics. Publics can be both internal (employees, stakeholders, i.e. share and stock holders) and external (agencies, channel partners, media, government, industry… …   Wikipedia

  • Corporate citizenship — is a term used to describe a company s role in, or responsibilities towards society. For this reason it is sometimes used interchangeably with corporate social responsibility, and in fact many companies including Microsoft, IBM and Novartis have… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.