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A corporate resolution is a document issued by a board of directors, outlining a binding corporate action. [ 1 ] Resolutions may authorize routine transactions such as opening corporate accounts, or adopting a fictitious business name . [ 2 ]
Resolutions are often preceded by "Whereas..." clauses that express reasons or justifications for the ensuing resolution. In law, a resolution is a motion, often in writing [note 1], which has been adopted by a deliberative body (such as a corporations' board and or the house of a legislature). An alternate term for a resolution is a resolve.
The composition of the arbitral tribunal can vary enormously, with either a sole arbitrator sitting, two or more arbitrators, with or without a chairman or umpire, and various other combinations. In most jurisdictions, an arbitrator enjoys immunity from liability for anything done or omitted whilst acting as arbitrator unless the arbitrator ...
Balanced Federal Budget (Reaffirmation of 1976 Legislative Resolution No. 106) April 13, 2010 "Legislative Resolution No. 538" V North Dakota Mode of Amendment, Other April 14, 2011 "House Concurrent Resolution No. 3048" V North Dakota Increase in federal debt to require approval by majority of state legislatures April 11, 2011: Cong. Rec. Vol ...
A shareholder resolution to protest napalm manufacturer Dow Chemical resulted in a U.S. Supreme Court case called SEC v. MEDICAL COMMITTEE FOR HUMAN RIGHTS, 404 U.S. 403 (1972). The court decided that the case was moot due to Dow's agreeing to include the resolution on its proxy statement. [4]
S. Res. 480, a Senate resolution passed in 1984, [27] created a standing order of the Senate requiring that each senator vote from his or her assigned desk. The resolution was sponsored by Democratic Senator Jennings Randolph of West Virginia. However, the rule is widely ignored, and senators typically vote while milling about the Senate ...
In law, an en banc (/ ˌ ɑː n ˈ b ɑː ŋ k /; alternatively in banc, in banco or in bank; French: [ɑ̃ bɑ̃]) session is when all the judges of a court sit to hear a case, not just one judge or a smaller panel of judges.
Conflicts of interest among elected officials are part of the story behind the increase in the percentage of US corporate domestic profits captured by the finance industry depicted in the accompanying figure. [citation needed] Finance as a percent of US Domestic Corporate Profits Finance includes banks, securities and insurance. In 1932–1933 ...
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