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RESOLUTION NO. 010320 RESOLUTION NAMING DEPOSITORIES FOR CITY FUNDS RESOLVED, that Tricia Kincaid, City Clerk, utilize the services of Marion County Bank, Great Southern Bank, Wells Fargo Knoxville,
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Think of a descriptive and meaningful name for the resolution you want to create
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Who needs resolution naming depositories for?

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Government organizations that require a standardized approach to naming their resolutions
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Organizations or committees responsible for creating and implementing policies or decision-making documentation
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Academic institutions that follow a specific naming convention for resolutions and official documents
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Resolution naming depositories are used to formally document decisions and resolutions made by an organization's board of directors regarding financial institutions where the organization holds funds or securities.
Organizations such as corporations, partnerships, and other entities that maintain accounts with financial institutions are required to file resolution naming depositories.
To fill out resolution naming depositories, organizations must provide details about the resolutions passed by their board, including the names of institutions, authorized signatories, and specific powers granted.
The purpose of resolution naming depositories is to provide written confirmation of the authority of certain individuals to conduct financial transactions on behalf of the organization.
The information reported must include the name of the organization, the date of the resolution, the names of authorized individuals, and details about the financial institutions involved.
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