246Resolution by circulation of document—fewer than 50 members

#### 246 Resolution by circulation of document—fewer than 50 members 246 Resolution by circulation of document—fewer than 50 members > > (1) If all the members of a co-operative have signed a document that sets out the terms of a resolution and contains a statement that they are in favour of the resolution, the resolution is taken to have been passed at a general meeting of the co-operative. > > > (2) The meeting is taken to have been held— > > > > > (a) if all the members signed the document on the one day—on the day the document was signed, at the time the document was signed by the last member to sign; or > > > > > (b) if the members signed the document on different days—on the day, and at the time, the document was signed by the last member to sign. > > > (3) The document need not exist as a single document, but may exist in the form of 2 or more documents in identical terms. > > > (4) The document is taken to constitute a minute of the general meeting. > > > (5) Anything attached to the document and signed by the members signing the document is taken to have been laid before the co-operative at the general meeting. > > > (6) The document is signed by all members of a co-operative only if the document is signed by each person who was a member of the co-operative at the time the document was signed by the last member to sign. > > > (7) Nothing in this section affects or limits any rule of law about the effectiveness of the assent of members of a co-operative given to a document, or to an act, matter or thing, otherwise than at a general meeting of the co-operative.