A Generic Corporate Resolution is a fundamental corporate document used in the Philippines to formalize decisions made by a corporation's governing body. It is required whenever a corporation needs to document important decisions, grant authorizations, or comply with regulatory requirements. The document must conform to the Revised Corporation Code of the Philippines and related Securities and Exchange Commission regulations. Common uses include authorizing bank transactions, appointing corporate officers, approving major contracts, establishing new business locations, or making significant corporate changes. The resolution typically requires approval during a properly convened board or stockholders' meeting and must be certified by the Corporate Secretary. This document is crucial for maintaining corporate records and serving as evidence of corporate authority for third parties dealing with the corporation.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Title and Date: Official title of the resolution and date of the meeting
2. Corporate Details: Full legal name of the corporation, registration number, and registered address
3. Meeting Details: Type of meeting (regular/special board meeting or stockholders' meeting), venue, and time
4. Attendance and Quorum: List of directors/stockholders present and confirmation of quorum
5. Preamble: Introduction stating the purpose and background of the resolution
6. Recitals: WHEREAS clauses explaining the context and reasons for the resolution
7. Resolution Statement: The formal RESOLVED clause(s) containing the actual decision(s) being made
8. Authorization: Specific powers granted and persons authorized to act on the resolution
9. Certification: Statement certifying the resolution's approval and adoption
10. Signatures: Signatures of the authorized officers (typically Corporate Secretary and Chairman/President)
1. Banking Resolutions: Additional clauses for bank account operations, signatories, and banking powers
2. Property Transactions: Specific clauses for real estate or property-related decisions
3. Corporate Restructuring: Clauses related to mergers, acquisitions, or organizational changes
4. Share Issuance/Transfer: Provisions for share-related transactions
5. Delegation of Powers: Additional specifications for delegation of authority
6. Ratification: Clauses ratifying previous actions or decisions
7. Effective Date: Specific clause stating when the resolution takes effect if different from the meeting date
1. Secretary's Certificate: Certification by the Corporate Secretary authenticating the resolution
2. Meeting Minutes Extract: Relevant extract from the minutes of the meeting where the resolution was adopted
3. List of Attendees: Detailed list of attendees with their positions and shareholdings if relevant
4. Supporting Documents: Any relevant documents referenced in the resolution (e.g., contracts, agreements, reports)
5. Specimen Signatures: When resolution involves authorized signatories, their specimen signatures
6. Power of Attorney: If resolution involves delegation of powers, the related power of attorney document
Relevant legal definitions
Clauses
Relevant Industries
Banking and Finance
Real Estate
Manufacturing
Retail
Technology
Healthcare
Education
Construction
Agriculture
Transportation
Energy
Telecommunications
Professional Services
Mining
Export/Import
Relevant Teams
Legal
Corporate Secretariat
Compliance
Finance
Corporate Governance
Risk Management
Executive Office
Treasury
Administrative
Corporate Affairs
Relevant Roles
Chief Executive Officer
Corporate Secretary
Board Director
Chief Financial Officer
Chief Legal Officer
Compliance Officer
Corporate Governance Officer
President
Vice President
Treasury Manager
Legal Counsel
Risk Manager
Company Director
Managing Director
Executive Director
Find the exact document you need
Board Resolution For Electricity Connection
A Philippine corporate resolution authorizing company representatives to secure and establish electricity connection with relevant utility providers.
find out more
Board Resolution For Closure Of Company
A formal board resolution under Philippine law authorizing and documenting the decision to close and dissolve a company, meeting SEC and regulatory requirements.
find out more
Board Resolution For Performance Evaluation
A Philippine-compliant board resolution establishing performance evaluation procedures for board members and committees, aligned with local corporate governance requirements.
find out more
Board Resolution For Non Operation
A Philippine corporate document that formally records the board's decision to cease business operations, including regulatory compliance requirements and operational directives.
find out more
Board Resolution For Appointment Of Authorised Representative
A Philippine corporate resolution authorizing an individual to act as the company's official representative, specifying their powers and scope of authority.
find out more
Board Resolution For Restructuring Of Loan
A Philippine corporate resolution authorizing the restructuring of an existing loan facility, documenting board approval and modified loan terms under Philippine corporate and banking laws.
find out more
Board Resolution For Applying Loan From Bank
A Philippine corporate document authorizing company representatives to obtain and execute a bank loan, compliant with local corporate and banking regulations.
find out more
Board Resolution For Renewal Of Bank Guarantee
A Philippine corporate document authorizing the renewal of an existing bank guarantee, approved by the board of directors and compliant with local banking regulations.
find out more
Board Resolution For Company Becoming Partner In LLP
A Philippine board resolution document authorizing a company to become a partner in an LLP, including terms of participation and corporate authorizations.
find out more
Board Resolution For Change Of Registered Office
A Philippine corporate document recording the board's formal approval and authorization for changing the company's registered office address, compliant with SEC requirements.
find out more
Board Resolution For Subscription Of Shares
A Philippine corporate document authorizing the issuance of shares to subscribers, approved by the board of directors under Philippine law.
find out more
Board Resolution For Conversion Of Loan Into Equity
A Philippine corporate resolution documenting the board's approval to convert an existing loan into company shares, complying with local corporate and securities regulations.
find out more
Partnership Board Resolution
A formal document under Philippine law that records and validates decisions made by a partnership's governing body, requiring proper execution and certification.
find out more
Board Resolution To Open Bank Account
A Philippine corporate document authorizing the opening of a bank account and designating authorized signatories, in compliance with local corporate and banking laws.
find out more
Non Profit Resolution To Open Bank Account
A Philippine-compliant corporate resolution authorizing the opening and operation of a bank account for a non-profit organization.
find out more
First Board Meeting Resolution
A formal document recording key decisions and appointments made during a Philippine corporation's first board meeting, as required by the Revised Corporation Code.
find out more
Board Resolution For Call On Shares
A Philippine corporate document recording the board's resolution to require payment for partially paid shares from shareholders, governed by the Revised Corporation Code.
find out more
Board Resolution For Working Capital Loan
A Philippine corporate resolution authorizing the company to obtain a working capital loan, including loan terms and designated signatories.
find out more
Board Resolution For Sale Of Company Property
A Philippine corporate document authorizing the sale of company property through formal board approval, including sale terms and authorized representatives.
find out more
Board Resolution For Opening A Branch Office
A Philippine corporate document recording the Board's approval and authorization for establishing a branch office, including necessary regulatory compliance measures.
find out more
Board Resolution For Joint Venture
A Philippine corporate document evidencing board approval and authorization for entering into a joint venture arrangement, compliant with the Revised Corporation Code.
find out more
Board Resolution For Digital Signature
A Board Resolution authorizing digital signature implementation in a Philippine corporation, compliant with the Electronic Commerce Act and SEC regulations.
find out more
Board Resolution For Closure Of Subsidiary Company
A board resolution under Philippine law authorizing and documenting the closure of a subsidiary company, including required authorizations and compliance measures.
find out more
Board Resolution For Subscribing Shares Of Other Company
A Philippine corporate document authorizing the subscription of shares in another company, approved by the board of directors and compliant with local corporate laws.
find out more
Board Resolution For Sale Of Company
A Philippine corporate document evidencing board approval and authorization for the sale of a company, compliant with the Revised Corporation Code of the Philippines.
find out more
Board Resolution For Partnership Firm
A formal document recording and validating decisions made by partners in a Philippine partnership firm, complying with local partnership laws and SEC requirements.
find out more
Board Resolution For Opening Trading Account
A Philippine corporate resolution authorizing the opening and operation of a securities trading account, specifying authorized signatories and trading parameters.
find out more
Board Resolution For Issue Of Shares
A Philippine corporate document recording the board's formal approval for issuing new shares, complying with local corporate laws and SEC requirements.
find out more
Board Resolution For Buy Back Of Shares
A Philippine corporate document authorizing the company to repurchase its own shares, in compliance with the Revised Corporation Code and SEC regulations.
find out more
Board Resolution For Adoption Of Policy
A Philippine corporate document recording a Board of Directors' formal approval and adoption of a company policy, compliant with local corporate laws and SEC regulations.
find out more
Shareholder Resolution Appointing Directors
A formal corporate resolution under Philippine law documenting shareholders' appointment of company directors, in compliance with the Revised Corporation Code and SEC requirements.
find out more
Resolution Of Sole Director
A formal Philippine corporate document recording decisions made by a sole director, compliant with local corporate laws and SEC regulations.
find out more
Resolution Appointing New Board Members
A Philippine corporate resolution documenting the formal appointment of new board members in compliance with local corporate laws and SEC requirements.
find out more
Removal Of Director Resolution
A Philippine corporate resolution documenting the shareholders' decision to remove a director from the board, requiring two-thirds vote of outstanding capital stock under Philippine law.
find out more
Partnership Resolution For Opening Bank Account
A formal Philippine partnership resolution authorizing the opening and operation of a bank account, designating signatories and establishing transaction parameters.
find out more
Generic Corporate Resolution
A formal document under Philippine law recording corporate decisions and authorizations made by a company's board of directors or stockholders.
find out more
Corporate Resolution For Bank Account
A Philippine corporate resolution authorizing the establishment and operation of bank accounts, including designated signatories and their transaction powers.
find out more
Corporate Resolution Document
A formal document recording corporate decisions and authorizations under Philippine law, certified by appropriate corporate officers and compliant with local regulatory requirements.
find out more
Corporate Resolution Bank Account Authorized Signers
A Philippine corporate resolution designating authorized signatories for bank accounts, specifying their powers and limitations in accordance with local banking regulations.
find out more
Dividend Board Resolution
A corporate resolution under Philippine law that authorizes and documents the declaration of dividends to shareholders, including payment terms and compliance certifications.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)