Articles of Incorporation: Prohibiting or Limiting Shareholder Action by Written Consent (CA) | Practical Law

Articles of Incorporation: Prohibiting or Limiting Shareholder Action by Written Consent (CA) | Practical Law

A Standard Clause for a California corporation's articles of incorporation prohibiting or limiting shareholder written consents in lieu of a meeting, which changes the statutory default provided under the California Corporations Code. This Standard Clause has integrated notes with important explanations and drafting tips.

Articles of Incorporation: Prohibiting or Limiting Shareholder Action by Written Consent (CA)

by Practical Law Corporate & Securities
MaintainedCalifornia
A Standard Clause for a California corporation's articles of incorporation prohibiting or limiting shareholder written consents in lieu of a meeting, which changes the statutory default provided under the California Corporations Code. This Standard Clause has integrated notes with important explanations and drafting tips.