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of <h1>Prospectus Signing: Original or Alternate Directors Can Sign u/ss 60 & 313, Not Both Required.</h1> When a prospectus discloses the names of original and alternate directors, it is not mandatory for all directors to sign it. According to the circular, compliance with section 60 and section 313 indicates that if original directors sign the prospectus, it is assumed they are present in the state where board meetings occur, rendering alternate directors unnecessary to sign. Therefore, it suffices if either the original or alternate directors sign, depending on the specific circumstances.
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