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#1 Model corporations code

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Model corporations code

In the interpretation of this by-law, words in the singular include the plural and vice-versa, words in one gender include all genders, and "person" includes an individual, body corporate, partnership, trust and unincorporated organization. Other than as specified in 1. The Corporation may have a corporate seal in the form approved from time to time by the board. If a corporate seal is approved by the board, the secretary of the Corporation shall be the custodian of the corporate seal. Deeds, transfers, assignments, contracts, obligations and other instruments in writing requiring execution Model corporations code the Corporation may be signed by any Model corporations code 2 of its officers or directors. In addition, the board may from time to time direct the manner in which and the person or persons by whom a particular document or type of document shall be executed. Any person authorized to sign any document may affix the corporate seal if any to the document. Any signing officer may certify a copy of any instrument, resolution, by-law or other document of the Corporation to be a true copy thereof. The banking business of the Corporation shall be transacted at such bank, trust company or other firm or corporation carrying on a banking business in Canada or elsewhere as the board of directors may designate, appoint or authorize from time to time by resolution. The Corporation may, instead of sending copies of the annual financial statements and other documents referred to in subsection 1 Annual Financial Statements of the Act to the members, publish a notice to its members stating that the annual financial statements and documents provided in subsection 1 are available at the registered office of the Corporation and any member may, on request, obtain a copy free of charge at the registered office or...

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Model corporations code

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Mar 8, - Mission: To adopt amendments to and provide expert commentary on the Model Business Corporation Act. The Committee addresses issues. Jan 15, - I. INTRODUCTION. The central point of this article is that there has been a constructive symbiosis between the Model Business Corporation Act. Model Business Corporation Act with Official Comment and Reporter's Annotations. areas of the law and a short title has been adopted by most American.

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