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Subsidiary Corporation Delegation of Signing Authority Outside of By-Laws

  • 13 Nov 2012 10:13 AM
    Message # 1136313
    Deleted user

    We are a large electricity corporation with several subsidiaries. Each subsidiary corporation has its own set of By-Laws. Each set of by-laws contains standard signing authority language for the respective subsidiary.

    Does anyone have any best practices or suggestions for when a resolution should be passed to deviate from the by-laws in terms of signing authority or delegate signing authority to one person instead of two?

    Any responses would be appreciated.


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