Company seal formalities: amendment clarifies that execution may be by the seal only 'if any', not mandatory. The amendment substitutes the phrase "by the seal" with "by the seal, if any," in the operative clause, thereby expressly recognizing that execution may ... Summary
Company seal formalities: amendment clarifies that execution may be by the seal only 'if any', not mandatory.
The amendment substitutes the phrase "by the seal" with "by the seal, if any," in the operative clause, thereby expressly recognizing that execution may refer to a company seal only where one exists and removing any mandatory implication that a seal must be used for execution.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.