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Ordinary Resolution 2

The members of an investment club unanimously agreed to open an investment club account with dfcu Bank. Any two of the four authorized signatories, whose specimen signatures were attached, would be authorized to sign checks, instruments, or carry out transactions on the account. The president and secretary of the investment club's executive committee certified that the resolution to open the account was passed at a meeting on the specified date.
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100% found this document useful (1 vote)
2K views1 page

Ordinary Resolution 2

The members of an investment club unanimously agreed to open an investment club account with dfcu Bank. Any two of the four authorized signatories, whose specimen signatures were attached, would be authorized to sign checks, instruments, or carry out transactions on the account. The president and secretary of the investment club's executive committee certified that the resolution to open the account was passed at a meeting on the specified date.
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ORDINARY RESOLUTION

TO OPEN AN INVESTMENT CLUB ACCOUNT WITH DFCU BANK

At a general Meeting held on the …………………………………………at ……..……………………….,(Kampala) presided


over by …………………………………………….., members agreed unanimously as follows:-

a) THAT the (name of club)……………………………………………………..be and is hereby authorized to open


an Investment Club Account with dfcu bank.

b) THAT any (number of authorized signatories)………………………… of the following signatories to the


said Account, whose specimen signatories are herewith attached are authorized to sign cheques
or other instruments or carry out any authorized transactions in respect of this account-

NAME SIGNATURE

i. …………………………………………………….. …………………………………

ii. …………………………………………………….. …………………………………

iii. …………………………………………………….. ………………………………….

iv. ……………………………………………………… ………………………………….

We the undersigned certify the foregoing to be the true extract of the deliberation and resolution passed
by the Executive Committee of the (name of club)……………………………………………………..on the
……………………………………..Dated at Kampala this ……………………………………………...

…………………………….. ……………………………………..

President/chairman Secretary

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