Certificate of Incorporation: Shareholder Action by Less Than Unanimous Written Consent (NY) | Practical Law

Certificate of Incorporation: Shareholder Action by Less Than Unanimous Written Consent (NY) | Practical Law

A Standard Clause for a New York for-profit corporation's certificate of incorporation changing the statutory default requirement of unanimous approval for shareholder action by written consent to permit less than unanimous written consent. This Standard Clause has integrated notes with important explanations and drafting tips.

Certificate of Incorporation: Shareholder Action by Less Than Unanimous Written Consent (NY)

by Practical Law Corporate & Securities
MaintainedNew York
A Standard Clause for a New York for-profit corporation's certificate of incorporation changing the statutory default requirement of unanimous approval for shareholder action by written consent to permit less than unanimous written consent. This Standard Clause has integrated notes with important explanations and drafting tips.