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#2132384 - 05/30/17 06:35 PM Authorized Signer
Jo Offline
Member
Joined: May 2009
Posts: 75
Can an authorized signer open a bank account for the corporation on which he is an authorized signer?

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#2132387 - 05/30/17 06:46 PM Re: Authorized Signer Jo
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Yes, of course. If he or she has a certificate of authority from the corporation's board of directors (often called a certification of board vote) appointing him/her as an authorized signer, the vote of the board typically includes the opening of the account, if it's not already open. The authorized signer would not have to be an officer of the corporation.
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John S. Burnett
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