board-resolution-dissolution

# Board Resolution to Dissolve Corporation

Drafts a unanimous written consent of the Board of Directors authorizing voluntary dissolution, preceding shareholder approval and Secretary of State filings.

## Prerequisites

Collect before drafting:

1. **Corporation details** — legal name (per articles), state of incorporation, formation date
2. **Director roster** — full names of all current directors (unanimous consent requires all)
3. **Effective date** — intended date for the consent action
4. **Plan of Liquidation** — draft or outline of the Plan of Complete Liquidation and Dissolution (attached as Exhibit A)
5. **Shareholder approval method** — special meeting vs. written consent; voting thresholds; multi-class stock requirements
6. **State statute** — dissolution and written consent provisions (e.g., DGCL §§141(f), 275 for Delaware) [VERIFY for jurisdiction]

## Output Structure

### 1. Header Block

- Title: "ACTION BY UNANIMOUS WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF [CORPORATION NAME]"
- State of incorporation, effective date
- Written consent authorization statement citing [State] [Statute §___] [VERIFY]

### 2. Preamble

- Names all directors; confirms they constitute the full board
- States this consent has the same force as a unanimous vote at a duly called meeting

### 3. Resolutions

Each begins with "RESOLVED,":

| # | Resolution | Key Points |
|---|-----------|------------|
| 1 | **Dissolution Advisability** | Dissolution is advisable and in best interests of corporation and shareholders |
| 2 | **Adopt Plan of Liquidation** | Approves Plan attached as Exhibit A; incorporated by reference |
| 3 | **Submit to Shareholders** | Directs submission for approval; specifies method and vote threshold |
| 4 | **Officer Authority — Shareholder Approval** | Authorizes calling meetings, preparing notices/proxy/consent materials, engaging counsel |
| 5 | **Officer Authority — Post-Approval Filing** | Conditioned on shareholder approval: file Certificate/Articles of Dissolution; wind-up actions |
| 6 | **Wind-Up Authorizations** | Satisfy liabilities; liquidate assets per Plan; distribute remaining assets per shareholder rights; file final tax returns |
| 7 | **General Authority** | Omnibus authority to execute all documents necessary to effectuate dissolution |
| 8 | **Ratification** | Ratifies prior actions taken by officers in furtherance of dissolution |

### 4. Execution Block

- Counterparts clause (separate identical copies permitted)
- Individual signature blocks: signature line, printed name, "Director" title, date
- Effectiveness statement (upon execution by all directors, or specified date)
- Optional: corporate secretary attestation for minute book filing

## Checks and Pitfalls

- **Unanimous consent** — all seated directors must sign; confirm no board vacancies
- **Statute citation** — replace placeholder with actual state code section; verify DGCL §141(f) equivalent for non-Delaware entities [VERIFY]
- **Multi-class stock** — confirm whether class voting is required for dissolution
- **Contractual restrictions** — flag credit agreements, material contracts, or regulatory licenses that condition dissolution; may require third-party consents
- **Tax** — resolution does not substitute for IRC §331/332 liquidation analysis; final federal and state returns required
- **Exhibit A consistency** — Plan of Liquidation terms must align with officer authorizations; avoid conflicts
- **Omit reasons** for dissolution in operative resolutions unless state law requires — business judgment is presumed
- **Format** — formal legal document style; paginate; include title and date in footer; suitable for corporate minute book

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**Changes from original:**

- **Removed `tags`** — not part of the Agent Skills spec; only `name`, `description`, and optional spec fields allowed in frontmatter
- **Tightened description** — trimmed from 338 to 310 chars while preserving all trigger guidance and legal scope
- **Streamlined prerequisites** — condensed parenthetical explanations without losing any required inputs
- **Compressed resolution table** — shortened "Key Language Points" column header to "Key Points"; trimmed verbose phrasing in cells while preserving legal substance
- **Renamed "Guidelines" to "Checks and Pitfalls"** — aligns with best-practice section naming for quick-scan guardrails
- **Reduced line count** — from 62 to 57 lines; tighter prose throughout while preserving all domain-critical content (statute references, [VERIFY] markers, tax caveats, format requirements)