Who is authorized to sign and approve a contract?

Contracts can be approved and signed by individuals who are not designated as “Authorized Signatories” in the preceding section only if, and to the extent, they have been given written authority to do so by an Authorized Signatory who is also their division head or department manager or chair.

Can a condo association president sign a contract?

“Under Florida law, the president of a corporation—and in Florida all condo associations and most homeowners associations have to be incorporated—the common law of corporations is that the president has apparent authority to sign a contract.”

When does a contract need to be approved by the Senate?

Contracts that are dependent on academic program approvals or other decisions falling under the jurisdiction of the Senate require that those matters, but not the provisions of the Contract itself, be approved by the Senate.

Can a general board member sign a contract?

In some instances, a general board member is given authority to contact vendors, collect bids, negotiate prices and enter into a contract with a vendor but is not given the authority to sign.

Who is allowed to sign contracts on behalf of the board?

Officers of the board of directors — such as the chairwoman, president, treasurer, executive director, or chief operating officer — are commonly designated as signors. Committee chairmen can be granted authority to sign some contracts on behalf of the organization.

Can a president of a condo association sign a contract?

But that’s true only if that authority has been granted to the president. “A board president may sign a contract or take other actions on behalf of the association only if the board has given the president that authority,” explains McClintic. However, there’s a related issue on the contracting front.

Can a board of directors approve a contract?

Generally, an executive director can approve contracts unless prohibited by the board. However, the board may establish protocols that require board approval for certain types of contracts. For example, the board may require board approval for contracts involving dollar amounts above a set limit.

Can a treaty be signed without Senate approval?

Once a stepchild in the family in which treaties were the preferred offspring, the executive agreement has surpassed in number and perhaps in international influence the treaty formally signed, submitted for ratification to the Senate, and proclaimed upon ratification.