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Get the free Board Resolution Extending Depository Contract for Funds of ISDs

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Board Resolution Extending Depository Contract for Funds Of Independent School Districts Under Texas Education Code, Chapter 45, Subchapter G, School District DepositoriesResolved by the that: Board
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How to fill out board resolution extending depository

01
Start by opening the board resolution document template.
02
Identify the section for extending the depository.
03
Fill in the necessary details such as the date and the name of the depository to be extended.
04
Provide any additional information required, such as the reason for the extension or any specific conditions.
05
Review the completed resolution for accuracy and ensure all necessary information is included.
06
Have the resolution reviewed and approved by the board members.
07
Once approved, obtain the necessary signatures from the board members.
08
Distribute copies of the resolution to all relevant parties, such as the depository and other stakeholders.
09
Keep a copy of the resolution for record-keeping purposes.

Who needs board resolution extending depository?

01
Board resolution extending depository is required by companies or organizations that need to extend their existing depository agreement.
02
It may be necessary when the current depository agreement is expiring and needs to be extended.
03
The resolution ensures proper documentation and approval from the board members, providing a legal basis for the extension.
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A board resolution extending depository is a formal decision made by a company's board of directors to extend the agreement with a depository for holding securities.
The company's board of directors is required to file the board resolution extending depository.
To fill out the board resolution extending depository, the board of directors must outline the decision to extend the depository agreement, sign and date the resolution, and file it with the appropriate authorities.
The purpose of the board resolution extending depository is to formalize the decision to extend the agreement with a depository and ensure compliance with relevant regulations.
The board resolution extending depository must include details of the decision to extend the depository agreement, the date of the resolution, and the signatures of the directors.
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