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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 ]
To file a dispute by mail, submit a detailed letter to the appropriate bureau(s). The Federal Trade Commission provides a sample letter you can use as a template. Your letter should identify the ...
The articles of the company stated that the directors could only borrow if authorised by a resolution of the company's general meeting, and could not borrow more than the amount specified in the resolution. The articles were registered with Companies House so there was constructive notice. But the bank could not have known about the resolution ...
The deed allows the directors to borrow on bond such sum or sums of money as shall from time to time, by a resolution passed at a general meeting of the Company, be authorized to be borrowed: and the replication shews a resolution, passed at a general meeting, authorizing the directors to borrow on bond such sums for such periods and at such ...
Other ways to borrow money, like a 401(k) loan or through a public agency, may require you to meet specific eligibility requirements. Bank or credit union personal loan
Borrowing base is an accounting metric used by financial institutions to estimate the available collateral on a borrower's assets in order to evaluate the size of the credit that may be extended. [1] Typically, the calculation of borrowing base is used for revolving loans , and the borrowing base determines the maximum credit line available to ...