This agreement is used by a corporation to grant permission to its treasurer to open a
corporate banking account. Whenever a corporation opens a bank account, the
treasurer must receive written authorization by the officers of the corporation. This
document provides the format of what should be included in the authorization form.
This document is ideal for small businesses that wish to grant authority to its treasurer
to open bank accounts.
AUTHORIZATION OF TREASURER TO OPEN CORPORATE ACCOUNT
The treasurer of this corporation is authorized to open the following account(s) in the
name of the corporation with the following depositories:
Type of account: __________
Name, branch and address of financial institution:
The treasurer and other persons authorized by the treasurer shall deposit the funds of
the corporation in this account. Funds may be withdrawn from this account only
upon the signature of the treasurer. The treasurer is authorized to complete and sign standard authorization
forms for the purpose of establishing the account(s) according to the terms of this resolution. A copy of any
completed account authorization form(s) shall be submitted by the treasurer to the secretary of the corporation,
who shall attach the form(s) to this resolution and place them in the corporate records book. The treasurer of
this corporation is authorized to open a __________ account in the name of the corporation with
___________________________. Any officer, employee or agent of this corporation is authorized to endorse
checks, drafts or other evidences of indebtedness made payable to this corporation, but only for the purpose of
deposit. All checks, drafts and other instruments obligating this corporation to pay money shall be signed on
behalf of this corporation by ___________________. The above institution is authorized to honor and pay any
and all checks and drafts of this corporation signed as provided herein.
The persons designated above are authorized to complete and sign standard account authorization forms,
provided that the forms do not vary materially from the terms of this resolution. The treasurer shall submit a
copy of any completed account authorization forms to the secretary of the corporation, who shall attach the
forms to this resolution and place them in the corporate records book.
STATE OF ____________________
COUNTY OF ____________________
Before me, a Notary Public in and for the above state and county, personally
appeared _____________________ who, being duly sworn, says:
1. That he/she is the duly elected and acting ____________________ of
____________________, a ____________________ corporation.
2. That the following is a true and correct copy of a resolution duly approved by the
Board of Directors of the corporation, at a duly held meeting at which a quorum was present, held on
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