Board Resolution Approving Acquisition of Business Assets

About this template:

This template can be used as an example of a document containing details of the decisions made by the board of your company to approve the acquisition of business assets to be signed by the board. The point of a Board Resolution is to address a specific issue that the board needs to decide on. It is a way of documenting a decision made by a Corporation's Board of Directors or Shareholders on behalf of the Corporation in writing. This particular board resolution deals with the approval of the acquisition of business assets. You can see more board resolution templates that you may find useful here https://www.templateguru.co.za/documents/board-resolutions/

Excerpt:

BOARD RESOLUTION OF [YOUR COMPANY NAME] APPROVING THE ACQUISITION OF BUSINESS ASSETS RESOLVED that [YOUR COMPANY NAME] executes an agreement to purchase the business assets of [BUSINESS NAME] in accordance with a purchase agreement appended hereto

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