What is the Board Policy Statement? HWD Support May 07, 2019 15:52 Updated Follow A resolution passed by the board of directors that states the opinion of the board on a matter of policy. Related articles What is a Condominium Declaration? What are Bylaws? What are CC&Rs (Covenants, Conditions, and Restrictions)? What are Governing Documents? What are Rules and Regulations? Comments 0 comments Article is closed for comments.