Board Resolution Approving Declaration of Dividend & Loan Template

This board resolution approving declaration of dividend & loan template has 2 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our board resolution approving declaration of dividend & loan template:

BOARD RESOLUTION OF [YOUR COMPANY NAME] APPROVING DECLARATION OF DIVIDEND AND LOAN TO SOLE SHAREHOLDER The following resolutions, signed by all the directors of [COMPANY NAME] (the “Corporation”), under the provisions of Section [SPECIFY] of the [COUNTRY] Business Corporations [ACT/LAW/RULE], whereby a resolution in writing signed by all the directors entitled to vote thereon shall be as valid as if it had been adopted at a meeting, are hereby adopted as of [DATE]. DECLARATION OF DIVIDEND WHEREAS it is desirable to declare and pay a preliminary dividend to the shareholders of the Corporation for the fiscal yea