14Common seal

14 Common seal

14 Common seal

(1) The seal of a corporation is to be kept by an officer of the corporation in safe custody, and is to be affixed to a document only:

(a) in accordance with a resolution of the corporation, and

(b) in the presence of not fewer than 3 members of the corporation, and

(c) with an attestation by the signatures of those members of the fact of the affixing of the seal.

(2) An instrument purporting to have been sealed with the seal of the corporation and to have been signed by not fewer than 3 members of the corporation is taken to have been executed in accordance with this section.