Passing of resolution by circulation enables board decisions via electronic circulation for director approval without a meeting. A resolution in draft form may be circulated to directors together with the necessary papers for seeking their approval by electronic means, which may ... Summary
Passing of resolution by circulation enables board decisions via electronic circulation for director approval without a meeting.
A resolution in draft form may be circulated to directors together with the necessary papers for seeking their approval by electronic means, which may include E-mail or fax, enabling board decisions to be approved by documented electronic assent without convening a meeting.
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