Board Resolutions: Unregistered Offering of Common Stock (Regulation D) | Practical Law
Resolutions of a board of directors approving an unregistered offering (private placement) of common stock under Rule 506 of Regulation D of the Securities Act of 1933. These resolutions are formatted as standard clauses and should be inserted into board minutes or a form of unanimous written consent. These Standard Clauses have integrated notes with important explanations and drafting tips.