Under CO, what resolutions do not need to be signed by all members?

Under CO, what resolutions do not need to be signed by all members?

• A. Both A and B
• B. Removal of auditors before term expiration
• C. Removal of a director before term expiration
• D. Neither A nor B

Answer: (A)

In CO, many resolutions can be decided by a simple majority rather than requiring every member to sign. Unanimous written consent is needed only for more extraordinary steps, not for common governance changes. Removal of a director before the term ends and removal of an auditor before their term expires are actions that can be taken by an ordinary resolution at a general meeting (or by a written ordinary resolution), so they do not require signatures from all members. That’s why both of those actions are considered resolutions that do not need unanimous member endorsement.

In CO, many resolutions can be decided by a simple majority rather than requiring every member to sign. Unanimous written consent is needed only for more extraordinary steps, not for common governance changes. Removal of a director before the term ends and removal of an auditor before their term expires are actions that can be taken by an ordinary resolution at a general meeting (or by a written ordinary resolution), so they do not require signatures from all members. That’s why both of those actions are considered resolutions that do not need unanimous member endorsement.