Business-in-a-Box's Board Resolution Approving Declaration of Final Dividend Template

Board Resolution Approving Declaration of Final Dividend Template

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Document description

This board resolution approving declaration of final dividend template has 2 pages and is a MS Word file type listed under our business plan kit documents.

Sample of our board resolution approving declaration of final dividend template:

BOARD RESOLUTION OF [YOUR COMPANY NAME] APPROVING DECLARATION OF FINAL DIVIDEND APPROVING DECLARATION OF FINAL DIVIDEND WHEREAS there exists an agreement between the Corporation and the Government of [COUNTRY] to limit any total dividend of the Corporation in a fiscal year to no more than [PERCENTAGE %] of after-tax profits; WHEREAS this agreement on dividend policy was necessary in order to maintain continuing federal government grants and to remain eligible for future grants; WHEREAS the only general legal limitation on the declaration of a dividend by a federal corporation is contained in the [SPECIFY COUN

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