Unanimous Written Consent of the Board of Directors (Georgia)

The legal template titled "Unanimous Written Consent of the Board of Directors (Georgia)" is a document used to record and formalize the decisions made by the board of directors of a company registered in the state of Georgia. In certain situations, instead of holding a physical meeting, the board can make unanimous decisions through unanimous written consent. This template outlines the procedures and requirements for such written consents, ensuring compliance with Georgia state laws and regulations.

The document begins by identifying the company and the date of the consent. It then provides a preamble, which declares the purpose of the document and acknowledges that all directors have been given proper notice of the written consent. It further states that all actions will be taken by unanimous written consent, without the need for a physical meeting.

Each proposed action is listed separately, including a clear description of the action, such as the appointment or removal of officers, approving contracts or agreements, amending bylaws, or making major financial decisions. Next to each action, there is space for each director to sign, demonstrating their agreement or dissent with the particular action. It is important to note that for a unanimous written consent to be valid, all directors must sign and agree to the proposed actions.

The template also includes other key sections, such as a certification of the board secretary or person responsible for preparing the document, confirming the accuracy of the consent and its execution. There may also be spaces for additional directors' signatures in case there are any changes in the board composition.

Overall, this legal template provides a convenient and efficient way for the board of directors of a company in Georgia to record their unanimous decisions without necessitating a physical meeting. It ensures that all actions taken are compliant with the state's legal requirements and establishes a clear and reliable record of the board's decision-making process.