Document background
The Board Resolution To Sign Agreement is a crucial corporate governance document required under Indonesian law when a company needs to formally authorize individuals to execute agreements on its behalf. This document is typically used when entering into significant commercial arrangements, property transactions, financing agreements, or other material contracts where formal board approval is required by law or company policy. The resolution must comply with Law No. 40 of 2007 on Limited Liability Companies and the company's Articles of Association, often requiring specific formatting, language requirements (Indonesian or bilingual), and potentially notarization for certain types of transactions. It serves as evidence of proper corporate authorization and protects both the company and counterparties by clearly documenting the scope and limitations of signing authority.
