Corporations

Question 1

How much notice is required for Shareholder’s Meetings?

Answer 1

At least 21 days and no more than 60 days.

Question 2

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

Answer 2

The majority is determined by the remaining eligible shares. The shares not eligible for voting include:

1. Repurchased Vote
2. Treasury Stock

Question 3

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

Answer 3

When the Articles of Incorporation specifically say so.