Coop rules/26 Corporate Seal

From EcoReality

Part 26 -- Corporate Seal and Execution of Instruments

(Rule 151) The directors may provide a seal for the association and may determine its form.

(Rule 152) The directors must provide for the safe custody of the seal, which must be stored at the registered office of the association.

Required signatures

(Rule 153) The seal must not be impressed on any instrument unless that impression is attested by the signature or signatures of

  1. any 2 directors,
  2. one or more directors, officers or other persons as determined by resolution of the directors.

(Rule 154) If the directors have not adopted a seal for the association, instruments may be executed on behalf of the association by the persons specified in #Required signatures (Rule 153).

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