Other Resolutions
Other resolutions you need to present for acceptance are a Resolution Accepting Stock Offers and a Resolution to Reimburse Expenses, as seen below:
RESOLUTION OF _______________________________
(Corporate name)
RESOLVED that the corporation shall reimburse the following parties for the organizational expenses of the organizers of this corporation and that the corporation shall amortize these expenses as allowed by IRS regulations.
Name Expense Amount
___________________ ___________________ $________ ___________________ ___________________ $________
___________________ ___________________ $________
Date: _____________________
__________________________
__________________________
__________________________
You’ll also want to hold an Adoption of Special Resolutions such as Election by a Small Business Corporation, which is just IRS Form 2553. After this action, your first meeting can adjourn!