(1) A company may have a common seal with its name engraved thereon in legible characters; but, except when required by any enactment to use its common seal, the company may, for the purpose of sealing any document, use its common seal or any other form of seal.
(2) If authorised by its bye-laws, a company may have for use in any country other than Saint Lucia or for use in any district or place not situated in Saint Lucia an official seal, which shall be a facsimile of the common seal of the company with the addition on its face of the name of every country, district or place where it is to be used.
(3) Every document to which an official seal of the company is duly affixed binds the company as if it had been sealed with the common seal of the company.
(4) A company may, by an instrument in writing under its common seal, authorise any person appointed for that purpose to affix the company's official seal to any document to which the company is party in the country, district or place where its official seal can be used.
(5) Any person dealing with an agent appointed under subsection (4) in reliance on the instrument conferring the authority may assume that the authority of the agent continues during the period, if any, mentioned in the instrument, or, if no period is so mentioned, until that person has actual notice of the revocation or determination of the authority.
(6) A person who affixes an official seal of a company to a document shall, by writing under his or her hand, certify on the document the date on which, and the place at which, the official seal is affixed.
Division C: Share Capital
Shares