A Corporate Resolution To Add Signer To Bank Account is essential when a corporation needs to grant bank account signing authority to a new individual, typically due to personnel changes, organizational restructuring, or operational needs. This document, governed by U.S. federal and state banking regulations, provides banks with the necessary legal authorization to allow the new signer to conduct banking transactions. It includes specific details about the corporation, the account, the new signer's information, and the scope of their authority. The resolution must be properly executed according to corporate bylaws and banking requirements to be valid.
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1. Title and Date: Corporate resolution header with company name and date of adoption
2. Company Information: Legal name, address, and registration details of the corporation
3. Resolution Statement: Clear statement of the board's decision to add signer(s) to the bank account
4. Bank Account Details: Specific account information including account numbers and bank details
5. New Signer Information: Name and title of the new authorized signer(s)
6. Authorization Scope: Specific powers granted to the new signer
7. Certification: Secretary or officer certification of the resolution's validity
1. Previous Signers: List of existing authorized signers - include when maintaining a complete record of all authorized signers
2. Signing Limitations: Specific restrictions or transaction limits - include when implementing monetary limits or special conditions
3. Effective Date: Specific date when authorization becomes effective - include when authorization should begin on a future date
1. Specimen Signature Form: Document containing new signer's official signature
2. Identification Documents: Copies of required identification for the new signer
3. Board Meeting Minutes: Minutes of the meeting where resolution was adopted
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