Board Resolution

Board Resolution is an official declaration or decision made by a company’s board of directors during a formal meeting. It serves as a critical instrument for recording and formalizing significant actions and policy changes within the organization. Board resolutions encompass a wide range of topics, including financial matters, governance policies, and strategic directions.
Key characteristics of board resolutions include:

Resolutions carry legal weight and are binding on the company and its stakeholders.
Resolutions are meticulously documented, providing a clear record of board decisions.
They typically require approval by a majority or specific majority vote of the board members.