What is an LLC resolution form?


Quick Answer

An LLC resolution form is an official document created by a limited liability corporation, or LLC, for the purposes of enacting a business transaction. The subject of the resolution is included at the top of the document in large letters. LLC resolution forms contain legal language similar to corporations. A resolution form template contains blank spaces that are filled in with pertinent information, such as state name.

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Full Answer

Companies using the legal LLC structure can use LLC resolutions to put into writing state legal requirements for conducting business as an organization, or make note of specific types of contributions by its members. A resolution is an official way to record legal actions taken by the company. Resolutions are often short in length, consisting of three or four paragraphs.

The first paragraph clearly states the purpose of the resolution. The body of the resolution contains details about the specific business action. For instance, a resolution that grants specific members signatory authority for the corporation includes the names of those members. It also contains any powers given by the corporation to conduct business on its behalf. The bottom of the resolution document has a statement of witness, which requires signatures of all parties involved.

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