Document background
The Letter of Incumbency serves as a crucial document in corporate governance and banking relationships within the United States. It is commonly required when companies need to prove the authority of their officers to third parties, particularly for opening bank accounts, executing significant transactions, or engaging in international business. The Letter of Incumbency typically includes current officer information, appointment dates, and may include specimen signatures. It must comply with state-specific corporate laws and may require notarization or apostille for international use.
