A Directors' Resolution generally starts with a list of the names of all the directors in the corporation, followed by where the meeting was held, if one took place.
The directors are elected or appointed representatives of the shareholders of the corporation who jointly oversee the operations of a corporation.
The Directors' Resolution may also include the names of the corporation's shareholders.
The shareholders in a corporation are the people who invest and own shares in the company.
Aside from the directors and shareholders, the resolution typically includes the name of the chairperson of the meeting as well as the secretary.
The chairperson is a director who has been elected by the board as a leader and is responsible for setting the board's agenda, ensuring that adequate time is allotted to discuss agenda items, and deciding the priority in which items on the agenda will be discussed.
The secretary is responsible for coordinating meetings and recording meeting minutes. The secretary typically serves as an advisor to the board of directors.
The resolution may also include the names of officers in the corporation.
Officers are individuals who were appointed to their positions by the board of directors, such as the president, CEO, secretary, treasurer, and more.