Board Resolution Authorizing a Check Approval Procedure

This board resolution authorizing a check approval procedure template has 1 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our board resolution authorizing a check approval procedure template:

BOARD RESOLUTION OF [YOUR COMPANY NAME] AUTHORIZING A CHECK APPROVAL PROCEDURE DULY PASSED ON [DATE] AUTHORIZING A CHECK APPROVAL PROCEDURE WHEREAS, in order to expedite the payment of claims and other obligations of the [YOUR COMPANY NAME] authorizes this Board to permit the issuance of checks before this Board has acted to approve the payment of those claims and other obligations; and WHEREAS, [YOUR COMPANY NAME] pays its claims and other obligations in a timely fashion in accordance with the laws of [STATE/PROVINCE]; and WHEREAS, the [OFFICER POSITION], as the officer designated to sign the checks, has furnished an official bond for the faithful discharge of his or her duties in the amount of [NUMBER] dollars; and WHEREAS, this Board has previously adopted contracting, hiring, purchasing, and disbursing policies that implement effective internal controls; and WHEREAS, in order to expedite the payment of claims and other obligations this Board hereby finds, determines and declares that it is necessary and proper to establish a procedure for the approval of checks of [YOUR COMPANY NAME]; RESOLVED, that this Board hereby finds and determines that the [OFFICER POSITION] is authorized to issue checks in payment of claims or other obligations of [YOUR COMPANY NAME] prior to the time when this Board has acted to approve the claims or other obligations