Contact us at (949) 353-6347

    California And The "Entitled To Vote" Standard

    Recently, I came across a proxy statement for a California corporation that stated the vote required for shareholder action on several proposals was "the affirmative vote of the majority of the shares represented at the Annual Meeting and entitled...

    Section 204(a)(5), Corporate Governance, abstentions, articles of incorporation, Bylaws, entitled to vote, Section 602, votes cast