Corporations Flashcards Preview

Bar Prep > Corporations > Flashcards

Flashcards in Corporations Deck (3):
1

How much notice is required for Shareholder's Meetings?

At least 21 days and no more than 60 days.

2

Which shares are NOT eligible for voting? And what happens when there are ineligible shares?

The majority is determined by the remaining eligible shares. The shares not eligible for voting include:
1. Repurchased Vote
2. Treasury Stock

3

When do Shareholder's have preemptive rights in unsold shares?

When the Articles of Incorporation specifically say so.