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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 1965, Handbook on Women Workers published by the Women's Bureau Bulletin recommends, as a health standard, "Suitable seats in adequate numbers; workers free to use them when not actively engaged in performance of duties that require a standing position, or at all times when nature of job permits." [6]
When an item is before the assembly for action, such as a resolution, it is the right of every member to have it read once. [13] Another case of this requirement is the reading of the minutes. Unanimous consent is required to not do the reading. Any member can request that the minutes be read and it would have to be done. [14]
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The organisation is made up of a board, with four sub-committees, and as of 2019, a staff of 38, including a chief executive. The Charities Act of 2009 provided for the establishment of the regulator and the dissolution of a predecessor body, among other matters, [ 4 ] but the authority was not actually established until October 2014.
With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insistence for a vote. "Voting has long been recognized as one of the primary rights of shareholders."
Use of an electronic system would make it possible for the Senate to vote more quickly during "vote-a-rama" sessions on amendments to budget resolutions. [26] S. Res. 480, a Senate resolution passed in 1984, [27] created a standing order of the Senate
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