Authorization of Investment Clause Samples
The Authorization of Investment clause establishes the requirement for obtaining formal approval before any investment decisions or commitments are made on behalf of a party or entity. Typically, this clause outlines the process by which investments must be reviewed and authorized, such as requiring board approval or written consent from designated officers. By setting clear procedures for investment authorization, the clause helps prevent unauthorized or imprudent investments, thereby safeguarding the interests and assets of the parties involved.
Authorization of Investment. The Investment has been duly authorized by all necessary action on the part of the Board of Directors of the Company.
Authorization of Investment. The Investment has been duly authorized by all necessary action on the part of the Board of Trustees of the Conseco Trust.
Authorization of Investment. The Investment has been duly --------------------------- authorized by all necessary action on the part of the Board of Trustees of the
Authorization of Investment. The Investment has been duly authorized by all necessary action on the part of the HFAM Trustees.
Authorization of Investment. This certifies that the Administrative Board/Council of the United Methodist Church, at adopted the following resolution: Resolved that members of the Committee authorize that $ be invested in a Certificate of Participation in the “Methodists Helping Methodists” Fund, issued by the Rocky Mountain United Methodist Foundation, Inc. Dated (month, day, year) Signed: Chair, Ad Board/Council Senior Pastor Church Treasurer Chair, Finance/Endowment Committee Accepted this date Rocky Mountain United Methodist Foundation, Inc. A Colorado non-profit corporation on behalf of the Methodists Helping Methodists Fund By: Executive Director Authorized Signature and Online Access Card This card replaces all previous Authorized Signature Cards. If Authorized Signers want to have online access, please include the Signer’s birthdate where indicated. Spaces are also provided for those who are not Authorized Signers but who request online access only. Effective Date Church/Organization Name & City Account Number(s) Primary contact name Phone Number of signatures required for withdrawals & transfers: Email Printed name Printed name Signature Signature Position Position Phone/email Phone/email □Authorized Signer □Online Access and Electronic Statements DOB SS # □Authorized Signer □Online Access and Electronic Statements DOB SS # Printed name Printed name Signature Signature Position Position Phone/email Phone/email □Authorized Signer □Online Access and Electronic Statements DOB SS # □Authorized Signer □Online Access and Electronic Statements DOB SS # Printed name Printed name Signature Signature Position Position Phone/email Phone/email □ Authorized Signer □Online Access and Electronic Statements DOB SS # □ Authorized Signer □Online Access and Electronic Statements DOB SS # Authorized Signers, Online Access, and Electronic Statement Recipients authorized by: Printed name Position Signature Email For Internal Use Only Sig FW Ack DDI Scan All fields must be completed or the form may be returned to the church. Questions may be directed to the Foundation at ▇▇▇▇@▇▇▇▇▇.▇▇▇ or 303.778.6370 Revised 06/2015 ▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Fax: ▇▇▇.▇▇▇.▇▇▇▇ ▇▇▇.▇▇▇▇▇.▇▇▇
Authorization of Investment. The investment by the Fund in the Portfolio has been duly authorized by all necessary action on the part of the Board of Trustees of the Trust on behalf of the Fund.