19.5.9.8 Updated Organizational Documents of Borrower

• A. Borrower must provide the following documents:

1. A certification signed by the Borrower as to incumbency, which does one of the following:

   • Confirms that no changes have been made to the Borrower's organizational documents, including incumbency, delivered to HUD at Initial Closing; or

   • Identifies any changes made to the Borrower’s organizational documents that were delivered to HUD at Initial Closing and attaches copies of the amendments or other documents effecting such changes.

2. Current authorizing resolution, if required, or certification by an appropriate officer of Borrower that the authorizing resolution given at Initial Closing covers the Final Closing and is still in effect (including any increase in the Loan amount).

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Chapter 19 Closing Guide 19.5 Additional Requirements for Insurance of Advances

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