234Persons who may keep seals of associations

#### 234 Persons who may keep seals of associations 234 Persons who may keep seals of associations > > (1) If an association has only 1 owner, the seal of the association must be kept by the owner or by the managing agent of the association. > > > (2) If an association has 2 or more members, the seal of the association must be kept— > > > > > (a) by a member who is nominated by the association for that purpose, or > > > > > (b) by the managing agent of the association. > > > (2A) The seal of the association may be kept in electronic form. > > > (3) A managing agent is entitled to custody of the seal of an association, or to keep an electronic copy of the seal, only to permit the exercise of the managing agent’s functions. > > > (4) Section 50(2) and (3) of the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015) do not apply to an association. > > > > Note. > > > > Section 50(1)(b) of the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015) provides that statutory corporations are to have a seal. Section 50(2) and (3) of the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015) contain provisions relating to the keeping of the seal of a statutory corporation and the authentication of documents by a statutory corporation. > > > (5) The regulations may make provision about keeping and storing the seal of an association in electronic form. > > **s 234:** Am 2022 No 5, Sch 1.3\[3\]–\[5\].