Re:Arm China Has Gone Rogue
by monocasa on Friday August 27, 2021 @04:28PM
(#28332640)
It's a thing in the US too. Just formed a C-Corp and power to create a seal that serves as the company's official signature is one of the parts that needs to be figured out in bylaws. You can specify that the current Chairman or CEO's signature counts as a seal, but you legally need some seal entity so that .gov knows what's legally binding. We elected to have an actual seal just for the kitsch value of it. Why make a company if you can't have a little fun with it?
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That's the problem with physical seal...
A chairmanner can be declared by the board, and the power of his seal goes with that automatically.
Say, somebody steals a seal now...
Sensible businesses usually keep the seal locked up somewhere in the head office, probably with a backup in a safety deposit box at their bank. They certainly don't let the CEO take it home with them.