Warning
Info
Warning
Info
Simple English definitions for legal terms
simple resolution
Read a random definition: Suits in Admiralty Act
A quick definition of simple resolution:
A simple resolution is a formal statement made by a group of people, like a government or a company, to express their opinion or make a decision. It is usually passed by one group, like a house of parliament, and does not have the power to become a law. It is like a suggestion or a recommendation. It can also be used by a company's board of directors to make a decision or authorize an action. A shareholder resolution is a type of simple resolution made by a company's shareholders to approve or disapprove of the board of directors' actions. The Resolution Trust Corporation is a government agency that was created to help manage the assets of failing savings-and-loan associations.
A more thorough explanation:
A simple resolution is a type of resolution passed by only one house of a legislative body. It expresses the opinion or affects the internal affairs of the passing house, but it does not have the force of law.
For example, the House of Representatives may pass a simple resolution expressing their condolences on the death of a public figure. This resolution does not have the force of law, but it is a formal way for the House to express their sympathy.
Another example of a simple resolution is when a corporate board of directors passes a resolution authorizing a particular act or transaction. This resolution is a formal action by the board, but it does not have the force of law.
Overall, a simple resolution is a way for a group to formally express their opinion or authorize a particular action, but it does not have the same legal weight as a joint resolution passed by both houses or a law passed by the executive branch.