A Corporate Resolution is a record of a decision made by a vote of the Board of Directors or the members of the LLC (Limited Liability Company).
LLCs enjoy specific tax and legal benefits modeled after a corporate structure, even though they are not corporations. They also have management flexibility that corporations do not have.
Although LLCs are not required to hold annual meetings, keep minutes or document important decisions, it is still a good idea to have a written resolution on these issues.
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