Board Resolution Pertaining to the Use of Corporate Credit Cards Template

This board resolution pertaining to the use of corporate credit cards template has 2 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our board resolution pertaining to the use of corporate credit cards template:

BOARD RESOLUTION OF [YOUR COMPANY NAME] PERTAINING TO THE USE OF CORPORATE CREDIT CARDS DULY PASSED ON [DATE] PERTAINING TO THE USE OF CORPORATE CREDIT CARDS [YOUR COMPANY NAME] wishes to repeal [RESOLUTION AUTHORIZING THE ISSUE OF CORPORATE CREDIT CARDS FOR TRAVEL] which authorizes the issue of a corporate credit card in the name of [POSITION] for the limited purpose of reserving (not purchasing) meeting rooms and travel accommodations for trustees and staff. [YOUR COMPANY NAME] finds that such cards are no longer necessary due to more effective reservation and procurement tools available to [YOUR COMPANY NAME]. [YOUR COMPANY NAME] routinely purchases goods and services, including travel-related services, which are necessary for [YOUR COMPANY NAME] operations and which are authorized under the [BUDGET] as of [DATE]. At the present time, reimbursement is made to the traveler for charges paid by the traveler. Hotel rooms are guaranteed on [YOUR COMPANY NAME] corporate credit card, but the traveler makes payment. Meeting rooms are guaranteed on [YOUR COMPANY NAME] corporate credit card. Transportation is charged to a [YOUR COMPANY NAME] corporate card; all other payments are made by check upon proper billing, with the exception of advance "payment enclosed" orders. [YOUR COMPANY NAME] has introduced, following competitive bids, a [NAME OF CREDIT CARD] credit card for travel-related expenses and a [NAME OF CREDIT CARD] purchasing card for other purchases of goods and services by [YOUR COMPANY NAME]. Each card enhances internal controls over [YOUR COMPANY NAME] procurement by limiting procurement by type of vendor, restricting the amount authorized by user, and providing daily account status information online. [NAME OF CREDIT CARD ISSUER] bills travel charges to the traveler; [NAME OF CREDIT CARD ISSUER] bills other procurement charges to the appropriate [DEPARTMENT]