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    Why Some Delaware Corporations May Be Concerned With California's Supermajority Vote Requirements

    Section 710(b) of the California Corporations Code defines a "supermajority vote" as a requirement set forth in a corporation's articles of incorporation (or certificate of determination) that specified actions be approved by a larger proportion of...

    Supermajority vote, Corporate Governance, 66 2/3 vote, California Sui Generis, Section 710, venture capital