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By-laws and revisions

  • 12 Apr 2016 2:04 PM
    Message # 3949435
    Deleted user

    Two years ago we passed By-law #1A to amend By-Law #1.  I refer to both now, and provide both to our directors, but it means that you have to check two documents on every question and has the possibility for error.  Is it acceptable to create one merged document?    If so, do I need to indicate this -- e.g. By-Law #1, incorporating amendments from By-Law #1A as of June 25, 2015?

  • 02 May 2016 8:49 AM
    Reply # 3998419 on 3949435
    Deleted user

    I would create a working or reference copy that merges the current provisions of both.  Clearly mark it as a reference document and that the originals have paramountcy.  I would also seriously consider having the shareholders approve an amalgamated version to decrease the likelihood of misinterpretation and contradiction.  There may be reasons why this was not done and cannot be done; but the opportunity should be thoroughly explored.

  • 17 Jun 2016 3:05 PM
    Reply # 4081882 on 3949435
    Deleted user

    I created one called "Consolidated By-Law 1" with notes in the footer about the enactment and the amendment dates.  The prior provision that was amended is struck out and the amended provision is redlined.

    It's not a document that should be publicly shared but saves the possibility of missing an important point when bouncing between two documents.


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