incumbency certificate

incumbency certificate
USA
A certificate signed by the secretary of a company (or for an LLC without officers, a manager or managing member) and delivered at the closing of a transaction which certifies the names, titles and signatures of the individuals executing the operative agreement and all other documents necessary for the completion of the transaction. If the incumbency of the secretary needs to be provided as well, one of the other officers must countersign the certificate.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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