Corporate Authorization Resolution Form - Indiana

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CORPORATE AUTHORIZATION RESOLUTION
By:
First Internet Bank of Indiana
8888 Keystone Crossing, Suite 1700
Indianapolis, IN 46240
Referred to in this document as “Financial Institution”
Referred to in this document as “Corporation”
I, _______________________________________, certify that I am Secretary (clerk) of the above named corporation organized under the laws of
_______________________________, Federal Employer I.D. Number ________________________, engaged in business under the trade name of
_______________________________________________________, and that the resolutions on this document are a correct copy of the resolutions
adopted at a meeting of the Board of Directors of the Corporation duly and properly called on ________________________________________(date).
These resolutions appear in the minutes of this meeting and have not been rescinded or modified.
AGENTS Any agent listed below, subject to any written limitations, is authorized to exercise the powers granted as indicated below:
Name and title or Position
Signature
Facsimile Signature (if used)
A.
X
X
B.
X
X
C.
X
X
D.
X
X
E.
X
X
F.
X
X
POWERS GRANTED (Attach one or more Agents to each power by placing the letter corresponding to their name in the area before each power.
Following each power indicate the number of Agent signatures required to exercise the power.)
Indicate A, B, C,
Description of Power
Indicate number of
D, E, and/or F
signatures required
(1)
Exercise all of the powers listed in this resolution.
(2)
Open any deposit or share account(s) in the name of the Corporation.
Endorse checks and orders for the payment of money or otherwise withdraw or transfer funds
(3)
on deposit with this Financial Institution.
Borrow money on behalf and in the name of the Corporation, sign, execute and deliver
(4)
promissory notes or other evidences of indebtedness.
Endorse, assign, transfer, mortgage or pledge bills receivable, warehouse receipts, bills of
lading, stocks, bonds, real estate or other property now owned or hereafter owned or acquired
by the Corporation as security for sums borrowed, and to discount the same, unconditionally
guarantee payment of all bills received, negotiated or discounted and to waive demand,
(5)
presentment, protest, notice of protest and notice of non-payment.
(6)
Other (describe)
LIMITATIONS OF POWERS The following are the Corporation’s express limitations on the powers granted under this resolution.
EFFECT ON PREVIOUS RESOLUTIONS This resolution supersedes resolution dated _____________. If not completed, all resolutions remain in effect.
CORPORATE AUTHORIZATION RESOLUTION
By:
First Internet Bank of Indiana
8888 Keystone Crossing, Suite 1700
Indianapolis, IN 46240
Referred to in this document as “Financial Institution”
Referred to in this document as “Corporation”
I, _______________________________________, certify that I am Secretary (clerk) of the above named corporation organized under the laws of
_______________________________, Federal Employer I.D. Number ________________________, engaged in business under the trade name of
_______________________________________________________, and that the resolutions on this document are a correct copy of the resolutions
adopted at a meeting of the Board of Directors of the Corporation duly and properly called on ________________________________________(date).
These resolutions appear in the minutes of this meeting and have not been rescinded or modified.
AGENTS Any agent listed below, subject to any written limitations, is authorized to exercise the powers granted as indicated below:
Name and title or Position
Signature
Facsimile Signature (if used)
A.
X
X
B.
X
X
C.
X
X
D.
X
X
E.
X
X
F.
X
X
POWERS GRANTED (Attach one or more Agents to each power by placing the letter corresponding to their name in the area before each power.
Following each power indicate the number of Agent signatures required to exercise the power.)
Indicate A, B, C,
Description of Power
Indicate number of
D, E, and/or F
signatures required
(1)
Exercise all of the powers listed in this resolution.
(2)
Open any deposit or share account(s) in the name of the Corporation.
Endorse checks and orders for the payment of money or otherwise withdraw or transfer funds
(3)
on deposit with this Financial Institution.
Borrow money on behalf and in the name of the Corporation, sign, execute and deliver
(4)
promissory notes or other evidences of indebtedness.
Endorse, assign, transfer, mortgage or pledge bills receivable, warehouse receipts, bills of
lading, stocks, bonds, real estate or other property now owned or hereafter owned or acquired
by the Corporation as security for sums borrowed, and to discount the same, unconditionally
guarantee payment of all bills received, negotiated or discounted and to waive demand,
(5)
presentment, protest, notice of protest and notice of non-payment.
(6)
Other (describe)
LIMITATIONS OF POWERS The following are the Corporation’s express limitations on the powers granted under this resolution.
EFFECT ON PREVIOUS RESOLUTIONS This resolution supersedes resolution dated _____________. If not completed, all resolutions remain in effect.
CERTIFICATION OF AUTHORITY
I further certify that the Board of Directors of the Corporation has, and at the time of adoption of this resolution had, full power and lawful authority to
adopt the foregoing resolutions and to confer the powers granted to the persons named who have full power and lawful authority to exercise the same.
(Apply seal below where appropriate.)
If checked, the Corporation is a non-profit corporation.
In Witness Whereof, I have subscribed my name to this document and affixed the seal of
the Corporation on _________________________________________________ (date).
Attest by One Other Officer
Secretary
RESOLUTIONS
The Corporation named on this resolution resolves that,
1.
The Financial Institution is designated as a depository for the funds of the Corporation and to provide other financial accommodations
indicated in this resolution.
2.
This resolution shall continue to have effect until express written notice of its rescission or modification has been received and recorded by the
Financial Institution. Any and all prior resolutions adopted by the Board of Directors of the Corporation and certified to the Financial Institution
as governing the operation of this corporations account(s), are in full force and effect until the Financial Institution receives and acknowledges
an express written notice of its revocation, modification or replacement. Any revocation, modification or replacement of a resolution must be
accompanied by documentation, satisfactory to the Financial Institution, establishing the authority for the changes.
3.
The signature of an Agent on this resolution is conclusive evidence of their authority to act on behalf of the Corporation. Any Agent, so long as
they act in a representative capacity as agents of the Corporation, is authorized to make any and all other contracts, agreements, stipulations
and orders which they may deem advisable for the effective exercise of the powers indicated on page one, from time to time with the Financial
Institution, subject to any restrictions on this resolution or otherwise agreed to in writing.
4.
All transactions, if any, with respect to any deposits, withdrawals, rediscounts and borrowings by or on behalf of the Corporation with the
Financial Institution prior to the adoption of this resolution are hereby ratified, approved and confirmed.
5.
The Corporation agrees to the terms and conditions of any account agreement, properly opened by any Agent of the Corporation. The
Corporation authorizes the Financial Institution, at any time, to charge the Corporation for all checks, drafts, or other orders, for the payment of
money, that are drawn on the Financial Institution, so long as they contain the required number of signatures for this purpose.
6.
The Corporation acknowledges and agrees that the Financial Institution may furnish at its discretion automated access devices to Agents of
the Corporation to facilitate those powers authorized by this resolution or other resolutions in effect at the time of issuance. The term
“automated access device” includes, but is not limited to, credit cards, automated teller machines (ATM), and debit cards.
7.
The Corporation acknowledges and agrees that the Financial Institution may rely on alternative signature and verification codes issued to or
obtained from the Agent named on this resolution. The term “alternative signature and verification codes” includes, but is not limited to,
facsimile signatures on file with the Financial Institution, personal identification numbers (PIN), and digital signatures. If a facsimile signature
specimen has been provided on this resolution, (or that are filed separately by the Corporation with the Financial Institution from time to time)
the Financial Institution is authorized to treat the facsimile signature as the signature of the Agent(s) regardless of by whom or by what means
the facsimile signature may have been affixed so long as it resembles the facsimile signature on file. The Corporation authorizes each Agent
to have custody of the Corporation’s private key used to create a digital signature and to request issuance of a certificate listing the
corresponding public key. The Financial Institution shall have no responsibility or liability for unauthorized use of alternative signature and
verification codes unless otherwise agreed in writing.
FOR FINANCIAL INSTITUTION USE ONLY:
Acknowledged and received on _____________ (date) by __________ (initials)
This resolution is superseded by resolution dated ___________.
Comments: 

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