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Dividend Declaration Resolution

Draft Dividend Resolutions in Minutes, Not Hours

8 minutes with CaseMark

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2. Upload the files you want analyzed.

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Workflow

Dividend Declaration Resolution

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Workflow

Dividend Declaration Resolution

Overview

Corporate attorneys and secretaries spend hours researching jurisdiction-specific requirements, cross-referencing bylaws, verifying financial prerequisites, and ensuring compliance with state corporation codes and SEC guidelines. Manual drafting requires consulting multiple legal resources, calculating per-share amounts, and formatting board meeting documentation—all while risking errors in critical financial and governance details.

Corporate attorneys and secretaries spend hours researching jurisdiction-specific requirements, cross-referencing bylaws, verifying financial prerequisites, and ensuring compliance with state corporation codes and SEC guidelines. Manual drafting requires consulting multiple legal resources, calculating per-share amounts, and formatting board meeting documentation—all while risking errors in critical financial and governance details.

CaseMark automates the entire dividend declaration process by intelligently analyzing your company's financial data and bylaws, then generating fully compliant resolutions that meet all jurisdictional requirements. The platform automatically incorporates best practices from NVCA models, state corporation laws, and SEC guidelines, producing board-ready documents in minutes with proper formatting, calculations, and certification language.

How it works

  1. 1. Upload your documents

  2. 2. AI analyzes and extracts key information

  3. 3. Review and customize the generated content

  4. 4. Export in your preferred format (DOCX, PDF)

What you get

  • Header and Identification

  • Preamble and Recitals

  • Declaration of Dividend

  • Authorization and Approval

  • Closing and Certification

What it handles

  • Header and Identification

  • Preamble and Recitals

  • Declaration of Dividend

  • Authorization and Approval

  • Closing and Certification

Required documents

  • Company Financial Statements

    Recent financial data showing company's ability to pay dividends

    .pdf, .xlsx, .docx

  • Corporate Bylaws

    Company bylaws containing dividend authorization provisions

    .pdf, .docx

Supporting documents

  • Previous Dividend Resolutions

    Historical dividend declarations for consistency and reference

    .pdf, .docx

  • Board Meeting Minutes

    Prior board meeting records for context and formatting

    .pdf, .docx

  • Shareholder Register

    Current shareholder list for determining eligible recipients

    .pdf, .xlsx

Why teams use it

Generate compliant dividend resolutions in 8 minutes vs. 3.5 hours manually

Automatic compliance checking against Delaware GCL and state-specific corporation codes

Built-in financial calculations for per-share amounts and total dividend distributions

Pre-verified templates incorporating SEC guidelines and NVCA best practices

Instant formatting with proper board meeting documentation and certification language

Questions

What information do I need to create a dividend declaration resolution?

CaseMark requires your company's financial statements, corporate bylaws, and basic dividend details (amount, type, payment date). Simply upload these documents and the platform automatically extracts relevant provisions, verifies financial capacity, and generates a compliant resolution with all necessary recitals and authorizations.

How does CaseMark ensure my dividend resolution complies with state law?

CaseMark's AI analyzes your jurisdiction's corporation code requirements and automatically incorporates mandatory provisions for quorum, voting, and financial prerequisites. The platform cross-references Delaware GCL and state-specific statutes to ensure your resolution meets all legal formalities for dividend declarations.

Can CaseMark calculate the per-share dividend amounts automatically?

Yes. Upload your shareholder register and total dividend amount, and CaseMark automatically calculates per-share distributions, verifies against available retained earnings, and includes all calculations in the resolution with proper formatting and certification.

How long does it take to generate a dividend declaration resolution?

CaseMark generates a complete, board-ready dividend declaration resolution in approximately 8 minutes. This includes automated research of applicable legal requirements, financial verification, and proper formatting—a process that typically takes attorneys 3-4 hours manually.

Does the resolution include all required board meeting formalities?

Absolutely. CaseMark automatically generates proper meeting headers, quorum verification, voting records, director approvals, and secretary certification. The platform ensures all procedural formalities are documented according to corporate governance best practices and your jurisdiction's requirements.

Can I use this for both cash and stock dividends?

Yes. CaseMark supports both cash and stock dividend declarations. Simply specify the dividend type, and the platform automatically adjusts the resolution language, tax implications, and authorization provisions to match the specific dividend structure you're implementing.

What if my company has specific bylaw provisions about dividends?

CaseMark's AI analyzes your uploaded bylaws and automatically incorporates company-specific dividend provisions, approval thresholds, and procedural requirements. The platform ensures your resolution references and complies with all relevant bylaw sections governing dividend declarations.

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