C1Part 13Resolutions and meetings

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Modifications etc. (not altering text)

Chapter 2Written resolutions

Circulation of written resolutions

I1294Expenses of circulation

1

The expenses of the company in complying with section 293 must be paid by the members who requested the circulation of the resolution unless the company resolves otherwise.

2

Unless the company has previously so resolved, it is not bound to comply with that section unless there is deposited with or tendered to it a sum reasonably sufficient to meet its expenses in doing so.