- Dec 10, 2014
Stephen W. R.
The administrator sent us the minutes of the last extraordinary meeting, but without the signature of the President. There are rumors that the President refused to sign the minutes. Is the document valid then and what happens with the agreements?
Administrator: Juan López
The President has no right to refuse to sign the minutes unless the administrator reflects agreements different to what approved. Anyway, the lack of signature of the President on the minutes has no effects and of course does not imply the invalidity of the agreements adopted at the venue.
On April 25, 1992 from the Supreme Court, a sentence confirm that the absence of signatures does not deprive of virtuality if endowed with the necessary legal agreements. However, the Secretary should have indicated in final diligence that the minutes is not with the approval of the President explaining that he refuses to sign.