This board resolution template helps a homeowners association record its formal adoption of a vendor licensing and insurance policy. It states the board’s policy decision, directs the managing agent to verify vendor credentials and coverage, and documents board oversight.
What the resolution includes
- Recitals explaining the board’s purpose for adopting the policy
- Resolution language for adopting the policy as Exhibit A
- Directions to the managing agent regarding vendor checks and records
- Board oversight and a secretary certification section
The resolution refers to a separate Vendor Licensing and Insurance Policy as Exhibit A. Attach the policy before use. Have association counsel review the resolution, policy, and meeting requirements, and tailor them to your governing documents and applicable law.
For educational and informational use only. This form is not legal advice or a substitute for legal services. Before adopting it, check your association’s governing documents, CC&Rs, and applicable state statutes, and consult qualified counsel.
