Malaysia legislation

Section 71

of LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005

Section 71

Action by consent of members in writing

Subject to any limitations in the memorandum or articles of association of a Langkawi company, an action that may be taken by members at a meeting of members may also be taken by a resolution of all members consented to in writing, or by telex, telegram, telefax, cable or other written electronic communication, without the need for any notice.

Section 71 — LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005