Signatory requirement for prospectus permits either original or alternate directors to sign based on board meeting circumstances. When a prospectus discloses both original and alternate directors, it is not necessary that all named directors sign; statutory signature provisions must be read with the rule on alternate directors, and compliance is achieved if either the original directors or the alternate directors sign the prospectus depending on the circumstances.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Signatory requirement for prospectus permits either original or alternate directors to sign based on board meeting circumstances.
When a prospectus discloses both original and alternate directors, it is not necessary that all named directors sign; statutory signature provisions must be read with the rule on alternate directors, and compliance is achieved if either the original directors or the alternate directors sign the prospectus depending on the circumstances.
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