Bank Account Resolution for Nonprofits and Private Foundations
$4.99
Downloadable, editable Microsoft Word document.
This two-page internal use Resolution is to establish a bank account for your nonprofit or Private Foundation and authorize specific Officers to transact on behalf of your organization.
This Resolution must be adopted by a vote of the Board.
Save the adopted Resolution with your Corporate Minutes in your Corporate Records Book.
Description
Description
This Bank Account Resolution includes the following details:
- that the Organization wishes to establish a bank account
- the name of the bank the Organization wishes to open the account(s) with
- the specific Officers that are authorized to transact on behalf of the organization
- that the Resolution will remain in effect until written noticed of its revocation is received by the bank
