Templete for directors resolution

[Lance]

Does anyone have a sample template for a resolution to approve a loan to a director?

Cheers,

Andrew

LMGTFY

[Scruff]

Why would you need a resolution for a Director's Loan, especially if under £10k?

[DeludedKitten]

Does anyone have a sample template for a resolution to approve a loan to a director?

Cheers,

Andrew

Have you tried Google? There are loads there

resolution of general meeting to approve a loan to a director - Company and partnership documents - docs4biz.co.uk

Since I'm so nice, I've even gone to the trouble of searching for it, opening the link, downloading the zip file, opening the document and copying the text for you:

"That the directors be authorised and permitted to advance a loan to ………….. (insert name), a director of the company, of ………….. (insert amount), to enable him to ………….. (insert the reason for the loan). Such sum to be on the following terms as to payment and interest …………………. (set out the terms)."

[ladymuck]

Just use the template you use to record the meeting at which the directors approve dividends and change the wording?

[northernladuk]

Very helpful thanks....

You are welcome.

[crimdon]

Your accountant?

Very helpful thanks....

[northernladuk]

Your accountant?

[crimdon]

Does anyone have a sample template for a resolution to approve a loan to a director?

Cheers,

Andrew