https://thedailyboardroom.com/how-board-management-software-pricing-structure-works/
Board resolutions are legally binding documents that document the outcomes of the votes and decisions taken by your company’s board of Directors at a meeting of the board. Board resolutions are required for crucial situations, such as appointing directors, firing employees, or selling shares of the company. They serve as evidence that your board has voted on the crucial issues.
First, you must decide what type of decision is being made. Examine the company’s policy to determine if it requires an ordinary or special resolution. In your company’s governance document it is possible to specify the number of directors who must vote for the decision. For instance, you may require a quorum that is at least three directors in order to pass a resolution that requires binding decisions.
Begin by choosing an appropriate title for the document. This will help you identify the resolution document quickly in your records system. Also, be sure to include the resolution number that is unique to your document-keeping system. This will allow you to refer back to the resolution in the future.
After your resolution is drawn up, it’s important to ensure that the resolution is signed by all directors that are required. This is why it’s a great idea for you to use board portal software, which helps make the process of writing resolutions as well as e-signing them simple and convenient.