Corporate Resolution
/ˈkɔːrpərət rɛzəˈluːʃən/
Definitions
- (n.) A formal written decision or action adopted by a corporation's board of directors or shareholders.
The board passed a corporate resolution to approve the merger.
Forms
- corporate resolution
- corporate resolutions
Related terms
Commentary
Corporate resolutions are essential for documenting key decisions and authorizing corporate actions in compliance with governance requirements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.