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 ... Summary
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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