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This is the formal record of the Directors Board Meeting approving the borrowing of a specified sum from a nominated Third Party as an unsecured loan.
Please Note: This Board Meeting to Borrow Money From Third Party should not be used if the company is borrowing from a shareholder or director or anyone associated with a shareholder or director of the company.
This Board Meeting to Borrow Money From Third Party attaches the following materials:
1. Notes specific to Borrowing Money from a Third Party
2. Notes to General Template for a Directors' Meeting