Committee Authority To Authorize Share Repurchases

Section 311 of the California Corporations Code authorizes the creation of one or more committees.  Unlike Delaware, a committee of the board must have two or more members.  The board of directors may vest all of the authority of the board in a...

Calling All Stock Certificates

Last week, Broc Romanek's Mentor Blog addressed the question of what to do about outstanding stock certificates following a reverse stock split.  Today, I'll weigh in with a California perspective.

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