Solvency Resolutions
Hi Everyone,
Is it necessary for ASIC agents to keep a copy of the signed solvency resolution or is this just required for the director to keep and produce when necessary?
Thanks
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Official comment
Hi Rachel,
From the ASIC website,

The company must keep a record of the resolution; there is no mention of the ASIC Agent being required to store the signed copy as well.
However, if you are still unsure, I recommend contacting ASIC to confirm this with them.
I hope the above answers your post and if there are any further questions, please reply to let me know so I may assist further.
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