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Corporate Banking Resolutions-Banking Relationship

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Is a Corporate Banking Resolutions on a bank's letterhead which is completed and certified by the Board Secretary with the corporate seal affixed, sufficient to memorialize a resolution taken by a company's board of directors regarding actions related to a banking relationship such as appointing a new board secretary or adding and deleting signers?

Corporate resolutions would be governed by State law and be interpreted by caselaw within your jurisdiction. Consult your legal counsel.

First published on 05/05/2019

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