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Corporate Resolution Form For Signing Authority
"I need a Corporate Resolution Form For Signing Authority that grants our new CFO and Finance Director joint signing authority for transactions up to SGD 500,000, while maintaining our CEO's sole signing authority for transactions up to SGD 1,000,000, effective from March 1, 2025."
1. Title and Date: Identification of the company and date of resolution
2. Preamble: Statement of meeting details and quorum
3. Resolution Statement: Clear statement that resolution was duly passed
4. Authority Grant: Specific powers being granted and to whom
5. Signing Limits: Financial limits of authority granted
6. Authentication: Signatures of required officers/directors
1. Specific Transaction Authority: Used when authority is needed for specific transactions only rather than general signing authority
2. Term of Authority: Section specifying the duration of the granted authority when it is temporary or time-limited
3. Revocation of Previous Authority: Section for cancellation of previous signing authorities when replacing existing authorities
1. Specimen Signatures: Schedule containing sample signatures of all authorized persons
2. Authority Matrix: Detailed breakdown of signing limits and authorized signatory combinations
3. List of Accounts: Schedule listing specific accounts covered by the signing authority
Authors
Board of Directors
Company
Authorized Signatories
Signing Authority
Monetary Limits
Authorized Acts
Specimen Signature
Banking Transactions
Financial Documents
Corporate Seal
Effective Date
Signing Matrix
Authority Limits
Joint Authority
Sole Authority
Designated Accounts
Financial Instruments
Corporate Documents
Transaction Authority
Legal Representatives
Binding Obligations
Authorized Bank Accounts
Authorization Period
Revocation
Delegated Powers
Scope of Powers
Monetary Limitations
Joint Signing Requirements
Banking Powers
Document Execution
Term and Duration
Revocation
Certification
Specimen Signatures
Account Designation
Transaction Types
Geographic Limitations
Delegation Restrictions
Reporting Requirements
Record Keeping
Corporate Seal Usage
Electronic Signatures
Authority Matrix
Amendment Powers
Emergency Provisions
Compliance Requirements
Internal Controls
Documentation Requirements
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