Authorized Parties
List specific individuals or roles allowed to issue official communications and their limits. Include titles and contact details to reduce ambiguity in emergency or regulatory situations.
A concise Business Communication Statement reduces ambiguity about authorized messengers and distribution channels, supports compliance with notice requirements, and documents consent for electronic communications.
Organizations use this statement when defining official spokespeople, notification routines, or electronic consent for communications.
Keep the statement accessible to signatories and to teams responsible for distribution and record retention.
A named individual with delegated authority (director, officer, or manager). This person accepts responsibility for official communications and confirms internal approval processes used to prepare and deliver notices.
An officer such as the CEO, COO, or General Counsel who can bind the organization. Their signature confirms the statement is institutionally adopted and triggers operational processes for compliance and distribution.
| Field | Configuration |
|---|---|
| Signer Order | Sequential or parallel depending on internal approvals |
| Authentication | Email link standard; use SMS or KBA for higher assurance |
| Retention Setting | Enable immutable audit trail and exportable certificate |
| Notifications | Auto-notify signers and record delivery timestamps |
Choose a platform that supports required authentication, audit records, and accepted export formats before starting.
Ensure integrations (CRM, document management) are configured so signed statements are automatically archived and accessible to compliance teams.
Set the effective date before distribution to avoid retroactive gaps.
Expect internal approvals within 7–14 business days for multi-signature workflows.
Retention period begins on the effective date or final signature date.
Adjust distribution schedules to meet any statutory notice periods.
Maintain accessible records for the relevant retention period when audits occur.
Legal review and sign-off of wording prior to signature.
All required parties sign and dates are recorded.
Signed statement distributed to intended recipients and systems.
Store signed record with audit trail for retention period.
| Criteria | Business Communication Statement | Internal Email |
|---|---|---|
| Legally binding | often yes | typically no |
| Notarization | rarely required | not applicable |
| Audit trail | required/maintained | varies by system |
| Retention requirement | formal retention | ad hoc |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial, no card required | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
List specific individuals or roles allowed to issue official communications and their limits. Include titles and contact details to reduce ambiguity in emergency or regulatory situations.
Specify acceptable delivery methods such as corporate email domains, secure portals, or registered agent services and explicitly exclude informal channels to prevent confusion.
Define the kinds of statements the signatory may issue and any monetary, contractual, or legal limits that constrain their authority for binding communications.
Describe how updates to the statement are published and when changes take effect, including notice intervals or required confirmations to ensure recipients receive timely information.
State how signed documents will be archived, who maintains the records, and how access is controlled to support audits and regulatory review.
Include a clause confirming parties accept electronic records and signatures, and explain withdrawal procedures consistent with ESIGN and UETA where applicable.
Attach organization charts, delegation matrices, or power-of-attorney excerpts that substantiate who can act and under what conditions.
Include board resolutions or signed delegation letters when authority is delegated to a representative to prevent validation disputes.
Use PDF/A for long-term preservation. Provide editable DOCX copies only when a controlled revision history is maintained.
Retain an exportable certificate of completion containing timestamps, signer attribution, and IP addresses for evidentiary purposes.
The company standardized who could confirm investor communications to avoid mixed messages and ensure regulatory clarity.
A regional brokerage established a statement to specify authorized agents for property notices and press inquiries.