DocumentsNotarized Board Resolution
Notarized Board Resolution
A board resolution is a legal document used by companies or organisations in Canada to record and authorise important decisions made by their board of directors. It serves as an official record of the actions or resolutions passed.
By having the resolution notarized, it gains legal validity and authenticity.
A Board Resolution is:
- A written statement that outlines the decisions, policies, or actions taken by the board of directors or governing body.
- Provides clarity and direction to the organisation’s stakeholders regarding significant matters or changes.
- Ensures compliance with legal requirements and internal governance procedures.
- Can be used for a variety of purposes, such as approving budgets, authorising contracts, adopting policies, or resolving specific issues.
Board Resolution
To make the process of drafting and notarizing your board resolution as easy and convenient as possible, NotaryPro offers an online document creator. You can avoid the hassle of making an appointment with a notary public and spend less time drafting a document.
Get Started FREE with NotaryPro
Start your draft absolutely free with NotaryPro, with no hidden catches.
Start Your Free Draft
Yes, it’s absolutely FREE. We offer free templates and drafting with the option to notarize documents online and save!
What details or information does a Board Resolution contain?
A notarized board resolution typically includes the following details:
- Organisation’s information: Name, address, contact details, and legal identification number.
- Title or subject: A concise and descriptive title that reflects the purpose or topic of the resolution.
- Background or context: A brief introduction or statement providing the necessary background information or context for the resolution.
- Decision or action: A clear and specific statement of the decision, action, or policy being approved or adopted by the board.
- Implementation or execution: Instructions or directions outlining how the resolution will be implemented, executed, or communicated.
- Signatures: Signatures of the board members or authorised representatives, along with the date of the resolution.
When would I need a Notarized Board Resolution?
You may need a board resolution in various situations, such as:
- Entering into significant contracts or agreements on behalf of the company.
- Authorising the sale or purchase of assets or properties.
- Approving financial transactions, loans, or investments.
- Resolving internal company matters or conflicts.
Meeting legal requirements or compliance obligations.
Does a board resolution need to be notarized?
Yes! Notarizing board resolutions adds an extra layer of authenticity and credibility to the document. It helps establish that the resolution was duly passed by the board of directors and can be relied upon as an official record of the company’s decisions.
How to Draft & Notarize your Document
Get started now and have your document notarized online in just 4 simple steps!
1
Fill out our simple online form with your information.
2
Review and approve the document we generate based on the information you provided.
3
Connect with a notary public online in minutes who will verify your identity and witness your electronic signature.
4
Receive your notarized document via email and print it out for your records.
Frequently Asked Questions
Is notarizing a board resolution mandatory in Canada?
Notarizing board resolutions is not always mandatory in Canada.
However, in certain situations, such as for important legal transactions or when dealing with external parties, notarization can provide additional legal validity and credibility to the resolution.
How long is a notarized board resolution valid?
The validity of a notarized board resolution depends on the nature of the resolution and the specific requirements of the applicable laws and regulations.
Some resolutions may have a specific validity period or may be effective until a certain event or condition occurs. It is important to consult legal professionals or review the relevant statutes to determine the validity of a specific resolution.
Can a notarized board resolution be challenged or revoked?
Once a board resolution has been properly notarized, it is considered legally binding and can be difficult to challenge or revoke.
However, legal remedies may be available in certain circumstances, such as if the resolution was obtained through fraud or coercion. It is advisable to seek legal advice if there is a need to challenge or revoke a notarized board resolution.
Is NotaryPro’s online drafting & notary service legally recognized?
Yes, NotaryPro’s documents are legally recognized.
NotaryPro’s documents have been accepted by many institutions and authorities, including OSAP and Service Ontario.
Is NotaryPro’s online drafting & notary service secure?
Yes, NotaryPro uses the latest encryption technology.
Your personal information and documents are subject to the highest level of digital security, and we ensure that your documents are notarized in compliance with all applicable Canadian laws and regulations.
How much does it cost?
It’s free to create your document, although we do offer online notarization for a small fee.
That’s right! Creating your document comes at no cost to you, but if you would like to notarize it at the same time, we’re happy to help. Please find our detailed prices here.