CGOV.3:8 - Common Anti-Patterns and How to Avoid Them

• An investor’s nominee is counted as appointed. Apply the appointment rule and its effective conditions.
• A director’s office gives them all board powers. Recover the collective decision rule and any individual delegation.
• Signature authority substitutes for approval. Identify the decision basis that the signer is permitted to implement.
• Every uncertainty causes escalation. Use a sufficient existing answer; obtain a further interpretation only for a condition that can change the act.
• A future or revoked power is treated as present. Apply its effectivity conditions at the proposed time.