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Who Should Sign a Corporate Resolution?

Who is supposed to sign on a banking corporate resolution? Are the primary officers of the company suppose to sign it even if they do not sign on the account, or are just the signers on the account suppose to sign it? The bank wants the officers and signers to sign it.


There are different parts of the corporate resolution form supplied by most banks. One section includes the list of individuals authorized to act. That section often has a provision to indicate which of several authorizations (open, maintain accounts, borrow, safe deposit box, wire funds, etc.) applies to each named individual.

The other section of the form requires one or more officers of the corporation -- often the corporate clerk or secretary, often other principal officers -- to certify that the vote evidenced by the document actually took place, that the meeting at which the vote took place was duly called and that there was a quorum present. In other words, they are authenticating the document.

Published on BankingQuestions.com 8/07/08