What is the special meeting of the shareholders?

The special meeting aims to enable the shareholders to know the company's affairs and vote on the management's recommendations in the proposed resolution. The shareholders are equally essential in the decision-making process.

US Legal Forms
Credit Report Forms
Notice of Special Meeting of Board of Directors - Corporate...

Special Meeting Of Shareholders In Washington

Category:

Corporations - Minutes and Resolutions - Notices and Waivers

State:

Multi-State

Control #:

US-0014-CR

Format:

Instant download

Description

Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of the board of directors.

View Arbitration case in court in Bexar

View this form

View Arbitration case in court in San Antonio

View this form

View Arbitration case in court in Travis

View this form

View Arbitration case in court in Collin

View this form

View Arbitration case in court in Maricopa

View this form

Letter of Intent for Purchase of Computer ...

View this form

Form Rating

4.87

Satisfied(416)

Form popularity

FAQ

The general meeting called within six months of the end of the previous fiscal year is known as the “annual” general meeting (or “AGM”). If a general meeting is held outside that time frame, it is “extraordinary” (“EGM”) and meant to address urgent or pressing matters that couldn't be settled at the AGM.

AGMs are mandatory for both public and private companies. All shareholders are legally obligated to receive an invitation to these meetings. The board of directors should also be represented. An auditor may also be present if the organization is subject to an audit requirement.

If a problem cannot wait until the next annual meeting, however, then a special shareholder meeting may be necessary. This occurs relatively often, for example, when a business seeks shareholder support for a deal.

In contrast, a special board meeting is a meeting that is not scheduled well in advance and is called by someone – authorized either under the law or the organization's bylaws – for a special purpose.

In general, companies require a letter or similar notification from investors having a sufficient number of shares, demanding a special meeting and stating the purpose for that meeting. The company can then set the date for the meeting, typically within a 30 to 90 day time period after receipt of the demand.

An Extraordinary General Meeting (EGM) is an urgent meeting called to address pressing company issues or emergencies. These matters require the immediate attention of the board, shareholders and senior company executives. An EGM is also referred to as a special general meeting or an emergency general meeting.

The special meeting aims to enable the shareholders to know the company's affairs and vote on the management's recommendations in the proposed resolution. The shareholders are equally essential in the decision-making process.

(b) Special meetings of the shareholders may be called by the board of directors, or by a person or persons that may be authorized by the articles of incorporation or by the bylaws.

Notification to Shareholders Annual shareholder meetings require a notice period of at least 21 days. The notice period can be shortened with the expressed consent of all shareholders. The notice should include all the basic meeting details and other important pieces of documentation, such as the meeting agenda.

Special meetings can play a crucial role in addressing matters that demand immediate discussion and approval from the entire board.

More info

A corporation shall hold a meeting of shareholders annually for the election of directors at a time stated in or fixed in accordance with the bylaws. This page provides a general overview of the Washington State Open Public Meetings Act (OPMA) as applied to local government agencies.07.010 (annual meetings) and 23B. A Washington corporation is required to have an annual shareholders' meeting to elect directors to the board. This publication comprehensively reviews the OPMA as it applies to Washington cities, towns, counties, and special purpose districts. Ownership of your corporation is laid out in your Washington corporate bylaws. Stockholders of record of shares of our common stock at the close of business on October 5, 2015 are entitled to notice of, and to vote at, the Special Meeting. The corporation can allow others to call a special meeting, such as the BoD Chair, CEO, or yes, shareholders. The bylaws or CoI needs to specify this, though. Learn more about the HABOD Members and find links to agendas and minutes from their recent meetings.

Special Meeting Of Shareholders In Washington

Description

Related forms

Viewed forms

Show more info

Form Rating

Form popularity

FAQ

What are shareholder meetings called?

What are the requirements for a shareholder meeting?

When would a special meeting of the shareholders be appropriate?

What do you call a special board meeting?

How do I call a special meeting of shareholders?

What is an extraordinary meeting of shareholders?

What is the special meeting of the shareholders?

Which of the following may call a special shareholder meeting?

How do you convene a shareholders meeting?

What is the purpose of a special meeting?

More info

Trusted and secure by over 3 million people of the world’s leading companies