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Thursday, April 8, 2021 State corporate laws are surprisingly sparse on the details of annual meetings. The California Corporations Code, for example, requires that a corporation hold an annual meeting for the election of directors but does not detail who can or cannot attend that meeting. Cal. Corp. Code § 600(b). Given this legal lacuna, do shareholders have a right to attend meetings of shareholders and can corporations impose conditions upon attendance? Many publicly traded companies do impose conditions upon attendance, including a requirement that the shareholder present photo identification. For example, The Coca Cola Company s proxy statement for its 2020 annual meeting imposed an ID requirement: ....
To embed, copy and paste the code into your website or blog: State corporate laws are surprisingly sparse on the details of annual meetings. The California Corporations Code, for example, requires that a corporation hold an annual meeting for the election of directors but does not detail who can or cannot attend that meeting. Cal. Corp. Code § 600(b). Given this legal lacuna, do shareholders have a right to attend meetings of shareholders and can corporations impose conditions upon attendance? Many publicly traded companies do impose conditions upon attendance, including a requirement that the shareholder present photo identification. For example, The Coca Cola Company s proxy statement for its 2020 annual meeting imposed an ID requirement: ....
Gainers ComSovereign Holding (NASDAQ:COMS) shares increased by 5.37% to $5.29 during Friday's after-market session. Trading volume for this security . ....