Board Resolution Approving Loan of Funds
About this template:
Use this template as an example of a document containing details of the approval of extending a loan to be signed by the board. The point of a Board Resolution is to address a specific issue that the board needs to decide on. It is a way of documenting a decision made by a Corporation's Board of Directors or Shareholders on behalf of the Corporation in writing. This particular board resolution deals with approval of a loan. Find more board resolution templates here https://www.templateguru.co.za/documents/board-resolutions/
Excerpt:
BOARD RESOLUTION OF [YOUR COMPANY NAME] TO LOAN FUNDS WHEREAS [YOUR COMPANY NAME] has sufficient financial resources to make such loan without causing prejudice to its growth or profitability and that said loan is deemed reasonably secure and in the best interests of [YOUR COMPANY NAME]
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Board Resolution Approving Loan of Funds.docx | Download |
- 1.0.0 Version
- 139 Download
- 19.12 KB File Size
- 1 File Count
- May 2, 2024 Create Date
- May 2, 2024 Last Updated
- www.bankofmaldives.com.mv Source
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