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Board Of Directors' Resolution Authorizing LitigationWHEREAS the _______________________________ (hereinafter referred to as Corporation) is owed _____________________ dollars ($___________) by ________________________ (hereinafter referred to as Debtor Company) for the delivery of _______________ to the aforementioned Debtor Company on ______________, 20 ____, and Debtor Company has resisted every attempt of the officers of said Corporation to collect said debt, it is hereby RESOLVED, that a suit in the name and on behalf of this Corporation will be initiated by the law firm of _____________________ to satisfy in full its claim against said Debtor Company or to otherwise negotiate a settlement of the claim at such amount and upon such terms as the President of said Corporation deems appropriate. The undersigned, _____________________, certifies that he or she is the duly appointed Secretary of ___________________ Corporation and that the above is a true, accurate, and correct copy of a resolution duly adopted at a meeting of the directors thereof, convened and held in accordance with law and the Bylaws of said corporation on ________________, 20 ____, and that such resolution is now in full force and effect. IN WITNESS THEREOF, I have affixed my name as Secretary of _________________ Corporation and have attached the seal of _____________________ Corporation to this resolution. Date_______________________ ________________________ Secretary Seal:
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