RTA · Business Corporations Act
Part 9 — Directors and Officers
117 Resolution instead of meeting
shareholder agreement, a resolution in writing, signed by all the
directors entitled to vote on that resolution at a meeting of directors
or committee of directors, is as valid as if it had been passed at a
meeting of directors or committee of directors.
(2) A resolution in writing dealing with all matters required by this
Act to be dealt with at a meeting of directors, and signed by all the
directors entitled to vote at that meeting, satisfies all the
requirements of this Act relating to meetings of directors.
(3) A copy of every resolution referred to in subsection (1) must be
kept with the minutes of the proceedings of the directors or
committee of directors.
1981 cB-15 s112;1987 c15 s13