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

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

A Standard Clause for a Colorado corporation's articles of incorporation prohibiting shareholder action by written consent, permitting shareholder action by less than unanimous consent without a meeting, or requiring shareholder approval for specified actions by meeting or unanimous consent. This Standard Clause has integrated notes with important explanations and drafting tips.

Articles of Incorporation: Prohibiting or Modifying Shareholder Action by Written Consent (CO)

by Practical Law Corporate & Securities
Law stated as of 14 Apr 2023Colorado
A Standard Clause for a Colorado corporation's articles of incorporation prohibiting shareholder action by written consent, permitting shareholder action by less than unanimous consent without a meeting, or requiring shareholder approval for specified actions by meeting or unanimous consent. This Standard Clause has integrated notes with important explanations and drafting tips.