Section 298. Eligibility of members to receive written resolution

(1) In relation to a member’s eligibility to receive a resolution proposed as a written resolution of a private company, the eligible members shall be the members who would have been entitled to vote on the resolution on the circulation date of the resolution.

(2) If a person who is entitled to vote on a written resolution changes during the course of the day the written resolution is circulated, the eligible members shall be the persons entitled to vote on the resolution at the time that the first copy of the resolution is circulated to a member for the member’s agreement.