| name | corporate-resolution-bank-account |
| title | Corporate Resolution — Bank Account Authorization |
| description | Drafts a board resolution authorizing the opening and management of corporate bank accounts, including signatory designation, account types, borrowing authority, and secretary certification. Triggers when a financial institution requires formal board authorization to establish or manage accounts, when updating authorized signatories, or when documenting banking authority during entity formation or reorganization. |
| author | CaseMark |
| author_url | https://github.com/CaseMark/skills/tree/main/skills/legal/corporate-resolution-bank-account |
| license | Apache-2.0 |
| version | 0.1.0 |
| execution_mode | open |
| jurisdiction | us |
| practice | corporate |
| language | en |
| tags | ["drafting"] |
Corporate Resolution — Bank Account Authorization
Produces a board-level governance document that satisfies both internal corporate formality and bank due diligence for account opening, maintenance, and transaction authority.
Required Inputs
- Corporation legal name — must match articles of incorporation exactly
- State of incorporation
- Adoption method — board meeting or written consent of directors
- Financial institution(s) — named institution or class (e.g., "any FDIC-insured institution")
- Authorized signatories — names, titles, tiered authority thresholds
- Scope — account types, transaction types, borrowing authority (yes/no), dollar limits
- Prior resolutions — to supersede, if any
- Bylaws — provisions on banking authority and consent requirements
Quick Start
- Collect all required inputs above.
- Confirm bylaw authorization for board delegation of banking authority.
- Confirm adoption-method validity under applicable state law.
- Draft resolution sections in order: Header → Operative Resolutions → Certification.
- Verify legal name, signatory tiers, and dollar thresholds before finalizing.
Output Structure
1. Header & Recitals
| Field | Content |
|---|
| Title | RESOLUTIONS OF THE BOARD OF DIRECTORS OF [CORP NAME] |
| Date | Adoption date |
| Method | Board meeting (quorum + notice) OR written consent (check state unanimity requirement) |
| Bylaw reference | Cite specific provision authorizing banking resolutions |
| Purpose | Brief operational need (payments, payroll, receivables, etc.) |
2. Operative Resolutions
Draft each as a separate RESOLVED clause:
- Account Authority — Authorize named officers to open, maintain, modify, and close specified account types (checking, savings, money market, CD, other) at designated institution(s).
- Signatory Designation — Tiered structure:
- Single signature: transactions up to $[threshold]
- Dual signature: transactions exceeding $[threshold]
- Covers: checks, wires, ACH, online banking, bank-required forms
