Signatory

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signatory authority

Understanding Signatory Authority: Key Roles & Best Practices for Businesses

Explore the crucial role of signatory authority in business, detailing its impact on binding agreements, legal compliance, and risk management. This article unveils the nuances between general and limited authority, while offering best practices for documentation, audits, and compliance. Discover how effective management of signatory authority safeguards a company's interests and enhances operational efficiency.