Are you a company director? Do you hold that position for the purpose of maintaining your interest or investment in that company?
Have you ever thought about what would happen if you were to become injured or disabled to the point where you cannot attend meetings.
In this video, John Gallagher from Argon Law in Maroochydore will explain to you how you can protect those interests. Appointing someone as your attorney means they can sign documentation on your behalf but cannot step in as a company director in your absence.
You should, therefore, consider appointing an alternate director, who can step in as your substitute in the event that you cannot perform the role for any reason.
The appointment of an alternate director may be an important step to take to protect your investment in a particular business.