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Circulatory Resolution
HECCCIRCULATORY RESOLUTION MEETING AGENDA NO: HCC CM7/20/1
Date and Time:Monday, 29 June 2020Members:Associate Professor Jeanne Burke (Chair)
Mr Eric Hold Chair, Academic Board
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What is circulatory resolution?
A circulatory resolution is a formal document used by corporate boards to make decisions that can be acted upon without holding a physical meeting, typically involving unanimous written consent.
Who is required to file circulatory resolution?
Generally, members of a corporate board of directors are required to file a circulatory resolution when they make decisions that don't involve a formal meeting.
How to fill out circulatory resolution?
To fill out a circulatory resolution, include the title, date, the specific decision or action being taken, signatures of all board members consenting, and any necessary details explaining the resolution.
What is the purpose of circulatory resolution?
The purpose of a circulatory resolution is to streamline decision-making processes within a corporate board and allow for expedient responses to circumstances requiring immediate attention.
What information must be reported on circulatory resolution?
The information reported on a circulatory resolution must include the date of the resolution, the resolution text, the names and signatures of all directors who consented, and any relevant supporting documentation.
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