Minutes of Meeting of Directors

Brokerage Account Opening - Broker

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Description:

Board resolutions to open securities / brokerage accounts with a financial dealer / broker. This is drafted from the perspective of the dealer / broker as standard form for Customer / Client.

IT WAS RESOLVED:

(1) That a securities trading account (“the Account”) be opened and maintained in the name of the Company with the Dealer for the purpose of holding funds relating to any purchases, sales, holdings and other dealings in securities as the Company may instruct the Dealer as its agent to effect from time to time on behalf of the Company and that the Account and all such purchases, sales, holdings and other dealings be effected subject to and in accordance with the Authorization for Account Opening and the provisions of the Cash Client’s Agreement;

(2) That the Authorization for Account Opening, Account Opening Form (together with the Schedules thereto) and the Cash Client’s Agreement in such form as completed and produced to the Meeting be and are hereby approved and that any two Directors of the Company be and are hereby authorized to sign the same for and on behalf of the Company and to deliver the signed originals to the Dealer; and

(3) That for the operation of the Account, any of the following persons be and is hereby authorized to give oral or written instructions on behalf of the Company, by telephone or in person or by facsimile or online or otherwise in all matters affecting the Account, including but not limited to the giving of securities trading instructions, transfer of funds, the delivery or transfer of securities and to sign any documents, statements or confirmations.

Document Type:

Corporate / resolution / minutes

Category:

Business > Corporate > Board Resolution / Board Meeting / Committee Minutes

 
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