Instead, you can obtain one at an office supply retailer. A corporate seal is not a mandatory part of registering a corporation, so you are not provided with a corporate seal by the Secretary of State. It is important to register with the state because the state is often included on the corporate seal. Corporations are governed by the state, not federally. Register your corporation with the state.A corporate seal can be obtained by completing the following steps:
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How to Obtain a Corporate Seal for a CorporationĪlthough corporate seals were once made of wax, today they are a type of metal stamp. Without one, it would be difficult to file certain legal documents. Also, larger companies are still expected to have a company seal. Without a company seal, the resolution is considered to be invalid. Additionally, it is still an important part of board resolutions. Some legal documents today still require the company seal. What Is the Power of a Company Seal?Īlthough the company seal is not used as often in today's business world, it still remains an official mark of corporations. In many cases, the company seal must also be accompanied by the president's or CEO's signature.
The use of the company seal should be documented in the Articles of Association or in the board meeting's minutes. Real estate transfers or land contractsĪdditionally, a company seal cannot be used without prior approval.There are a few situations when it is appropriate to use the company seal: It should also not be used for vendor contracts. It should not be used to record meeting minutes or for service level agreements. The company seal should only be used sparingly and for the most important of business transactions. Different states have different requirements as well, so it is important to check with your state if a corporate seal is needed for legal documents. Corporate seals may still be used for bank accounts and other smaller corporate accounts, but they are not often used for legal documents anymore. Corporate seals are not used as often today. However, technology upgrades made it difficult to authenticate the corporate seal. This prevented individuals from making decisions without the other members of the corporation agreeing to them. The official signature, or seal, was once required to sign any official documents. This seal acts as the official signature of the corporation. A corporation is legally considered to be a separate entity from the individual members. What Is a Corporate Seal?Ī corporate seal is similar to a state seal except that it is the official seal of the corporation. Although the company seal is no longer required, it can provide a sense of authenticity to a business document. How to get a company seal is a business step that many new business owners wonder about. How to Obtain a Corporate Seal for a Corporation 5.
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