Law Firm Board Resolution to Adopt a Fiscal Year
[Month, Day, Year]
Resolution No. : [Insert Resolution Number]
WHEREAS, the Board of Directors ("Board") of [Your Company Name] ("Firm") is duly constituted and empowered to make decisions on behalf of the Firm; and
WHEREAS, it is necessary and prudent for the Firm to adopt a fiscal year for financial and regulatory compliance purposes; and
WHEREAS, the Board has considered various factors including the Firm's financial activities, reporting requirements, and industry standards in determining the most suitable fiscal year;
NOW, THEREFORE, be it resolved that:
The Board hereby adopts the fiscal year beginning on the 1st day of January and ending on the 31st day of December of each calendar year, commencing with the fiscal year [Year]. The Chief Financial Officer or any other duly authorized officer of the Firm is hereby directed to take all necessary actions to ensure compliance with this resolution, including but not limited to updating financial records, reporting schedules, and tax filings accordingly.
The Chief Executive Officer or any other duly authorized officer of the Firm is hereby authorized and directed to execute any documents and take any actions necessary or desirable to effectuate the purposes of this resolution.
Any actions previously taken by officers of the Firm that are consistent with the provisions of this resolution are hereby ratified and confirmed.
RESOLVED FURTHER, that a copy of this resolution shall be maintained in the official records of the Firm and provided to appropriate parties upon request.
RESOLVED FURTHER, that this resolution shall be effective immediately upon its adoption.
CERTIFICATION
I, [Your Name], Secretary of [Your Company Name], do hereby certify that the foregoing is a true and correct copy of a resolution duly adopted at a meeting of the Board of Directors of the Firm held on [Meeting Date], and that said meeting was duly called and held in accordance with the bylaws of the Firm and applicable law.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal of the Firm this [Day] day of [Month, Year].
[Your Name]
Secretary
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