Document background
A Resolution of the Sole Shareholder is utilized when a corporation with a single shareholder needs to document important company decisions. Under U.S. corporate law, these resolutions serve as official records of corporate actions and are often required for major business decisions, structural changes, or compliance matters. The document typically includes the date, the resolution details, and the shareholder's signature. It's particularly important for maintaining corporate records and demonstrating proper corporate governance to banks, regulators, or potential investors.
