Why did both the President and the Secretary of the Corporation Sign that Document?
November 8, 2010 at 2:06 pm Comments disabled
Contracts and other documents usually are signed on behalf of a party by a single representative (see Who Can Sign a Contract for a Corporation?). However, at least in California, important documents often are signed on behalf of a corporation by two officers, such as the President and the Secretary. This post explains the reason for two signatures.
Corporations Code Section 313 says, in relevant part (emphasis added) that: (more…)