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Corporate Resolution Form For Signing Authority
"I need a Corporate Resolution Form For Signing Authority that grants our new CFO and Finance Director joint signing authority for transactions up to SGD 500,000, while maintaining our CEO's sole signing authority for transactions up to SGD 1,000,000, effective from March 1, 2025."
1. Title and Date: Identification of the company and date of resolution
2. Preamble: Statement of meeting details and quorum
3. Resolution Statement: Clear statement that resolution was duly passed
4. Authority Grant: Specific powers being granted and to whom
5. Signing Limits: Financial limits of authority granted
6. Authentication: Signatures of required officers/directors
1. Specific Transaction Authority: Used when authority is needed for specific transactions only rather than general signing authority
2. Term of Authority: Section specifying the duration of the granted authority when it is temporary or time-limited
3. Revocation of Previous Authority: Section for cancellation of previous signing authorities when replacing existing authorities
1. Specimen Signatures: Schedule containing sample signatures of all authorized persons
2. Authority Matrix: Detailed breakdown of signing limits and authorized signatory combinations
3. List of Accounts: Schedule listing specific accounts covered by the signing authority
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