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Unanimous Action and Resolution of Initial Director

By IncNow | Published October 19, 2013

The Initial Director or Directors need to sign a Unanimous Action and Resolution of Initial Director to appoint officers, authorize the opening of a bank account and issue stock. Without this the ownership and management of the corporation have not been properly established. This basic formality needs to be adhered to help protect the corporation from subsequent attack for not following corporate formalities.

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