Common Seal – access and use

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  • 12/06/2013 at 9:36 am #8870 Reply | Quote
    Willie

      The general question is who should hold the Common Seal of the OC, the SM or the EC?

      A more specific query follows on from previous discussions regarding insurance commission.

      Our EC has decided to appoint a licensed broker and therefore take the management and commission away from the SM. The insurance company are insisting on a letter of appointment signed under the Common Seal of the OC, and the Common Seal is held by the SM.

      Do the EC instruct the SM to provide the letter of appointment under seal or do we prepare the letter and present it to SM to stamp?

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    Reply To: Reply #18655 in Common Seal – access and use
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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