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Resolution Establishing Authorized Signatories for MERS Contracts and Service Credit Purchase Approvals 1134 Municipal Way Lansing, MI 48917 | 800.767.MERS (6377) | Fax 517.703.9711www.mersofmich.comThis

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How to fill out resolution establishing authorized signatories

01

Review the current list of authorized signatories to determine if any changes need to be made

02

Draft a resolution stating who will be authorized signatories and outlining their responsibilities

03

Hold a meeting with relevant stakeholders to discuss and approve the resolution

04

Have the resolution signed by all authorized signatories and any other necessary parties

05

File the resolution with the appropriate governing bodies or organizations

Who needs resolution establishing authorized signatories?

01

Any organization or business that requires multiple individuals to have the authority to sign legal documents or make financial decisions

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What is resolution establishing authorized signatories?

Resolution establishing authorized signatories is a formal document that designates specific individuals who are authorized to sign legal documents and conduct transactions on behalf of a company or organization.

Who is required to file resolution establishing authorized signatories?

Companies and organizations are required to file resolution establishing authorized signatories in order to clearly define who has the authority to act on their behalf.

How to fill out resolution establishing authorized signatories?

Resolution establishing authorized signatories can be filled out by specifying the names of the individuals being authorized, their positions, the scope of their authority, and signature lines for approval.

What is the purpose of resolution establishing authorized signatories?

The purpose of resolution establishing authorized signatories is to prevent unauthorized individuals from conducting business on behalf of a company or organization and to clearly define the roles and responsibilities of authorized signatories.

What information must be reported on resolution establishing authorized signatories?

Information such as the names of authorized signatories, their positions, the scope of their authority, the effective date of authorization, and the signatures of approving parties must be reported on resolution establishing authorized signatories.

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