(1)
Applications, consents to service of process, affidavits, and
permits to market shall be signed by the promoter, unless a
trustee or person with power of attorney is specifically
authorized to make such signatures. If the signature of a person
with a power of attorney or trustee is used, the filing of the
signature shall include a copy of the authorizations for the
signature. No promoter or other person responsible under this
chapter shall disclaim responsibility because the signature of a
trustee or attorney-in-fact, or other substitute was used.
(2) If the promoter is a corporation or a general
partnership, each natural person therein, with a ten percent or
greater interest or share in the promoter, shall, in addition to
the promoter, be required to sign as required in this section,
but may authorize a trustee or a person with power of attorney to
make the signatures.
(3) All persons required to use or authorizing the use of
their signatures in this section, individually or otherwise,
shall be responsible for affidavits, applications, and permits
signed, and for compliance with the provisions of this chapter. Individuals whose signatures are required under this section
shall not disclaim their responsibilities because of any
corporate shield.
[1987 c 370 § 2.]