Board Resolution Adopting Campaign Contribution Limitations Policy Template

This board resolution adopting campaign contribution limitations policy template has 2 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our board resolution adopting campaign contribution limitations policy template:

BOARD RESOLUTION OF [YOUR COMPANY NAME] ADOPTING CAMPAIGN CONTRIBUTION LIMITATIONS POLICY DULY PASSED ON [DATE] ADOPTING CAMPAIGN CONTRIBUTION LIMITATIONS POLICY WHEREAS, the Board of Directors (the "Board") of [YOUR COMPANY NAME] believes that it is important to ensure the integrity of the electoral process for elected seats on the Board; and WHEREAS, the Board of Directors hereby finds, determines and declares that it is necessary and proper for the reasons set forth in these preambles to establish campaign contribution limitations for candidates for seats on the Board of Directors; RESOLVED, that the Board hereby adopts the Campaign Contribution Limitations Policy in the form attached hereto as Exhibit A. RESOLVED FURTHER, that the officers of [YOUR COMPANY NAME] are, and each acting alone is, hereby authorized and directed to take such further action as may be necessary, appropriate or advisable to implement this resolution and amendment and any such prior actions are hereby ratified; and We, the undersigned, hereby certify that [YOUR COMPANY NAME] is comprised of [NUMBER] members, of whom [NUMBER], constituting a quorum, were present at a meeting duly and regularly called, noticed, convened and held this [DAY] day of [MONTH, YEAR], and that the foregoing Resolution was duly adopted at said meeting by the affirmative vote of [NUMBER] members, and opposed by [NUMBER] members, and that said Resolution has been duly recorded in the Minute Book and is in full force and effect. [DIRECTOR] [DIRECTOR] [DIRECTOR] EXHIBIT A CAMPAIGN CONTRIBUTION LIMITATIONS POLICY CAMPAIGN CONTRIBUTION LIMITATIONS POLICY No person shall make a contribution to any candidate for an elected seat on the Board of Directors (the "Board of Directors") of [YOUR COMPANY NAME] except in the election cycle for that candidate. For the purposes of this Policy, "election cycle" means: