https://thedailyboardroom.com/how-board-management-software-pricing-structure-works/

Board resolutions are legally binding documents that document the outcomes of votes and decisions taken by the board of directors of your company at the board meeting. The most important situations, such as the appointment of new directors, hiring or firing employees, and selling company shares all call for the board resolution to be used as a compliance evidence to show that your board taken a vote on these crucial issues.

First, you must determine what type of decision is being taken. Go through your company’s policies to determine if it requires an ordinary or a special resolution. In your company’s governing document it is possible to specify the number of directors who must approve the decision. For instance, you could require a quorum of least three directors to pass an ordinance that is binding decisions.

Begin by choosing a title that is appropriate for the document. This will help you identify the resolution document quickly in your records system. Include an individual resolution number in your document-keeping system. This will let you easily refer to the resolution in the future.

Once your resolution is drafted, it is important to ensure that the resolution is signed by all required directors. This is why it’s a good idea to make use of board portal software, which makes the process of writing resolutions and electronically signing them easy and simple.