[1] Resolutions may authorize routine transactions such as opening corporate accounts, or adopting a fictitious business name.
[2] Others may be used to delegate, approve, or rescind decision-making authority to individuals to act on behalf of the corporation.
The form and structure of this document varies depending on the state in which the corporation is organized.
For a corporate action, if allowed by state law and by the bylaws of the corporation, the board of directors may use a written document to waive formal notice of a meeting and unanimously consent to a resolution.
Resolutions are not required on Trust or Estate accounts.