Document background
A Board Resolution Appointing Officers is a crucial corporate governance document used when a company's board of directors formally appoints new officers to the organization. This document is essential under New Zealand corporate law, particularly the Companies Act 1993, and serves as official evidence of the appointment and the granted authorities. It should be used whenever new officers are appointed, existing officers are given new roles, or there are significant changes to officer authorities. The resolution typically includes meeting details, appointment specifics, scope of authority, and any special conditions or requirements. It forms part of the company's official records and may be required by external parties such as banks, regulatory authorities, or business partners as proof of the officer's authority to act on behalf of the company.
