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Written consent refers to an official acknowledgment or agreement outlined in written form. This consent is used by directors or shareholders to confirm their agreement to decisions or actions without requiring a formal meeting. It plays a crucial role in maintaining records and ensuring that all parties are informed and agree to the specified action. In the context of Colorado corporations, the Colorado Action by Unanimous Written Consent of the Shareholders of (Name of Company) simplifies this process.
Written Consent means a signed form with the customer's signature received by the Company through mail, facsimile, or email. A customer may also digitally sign a form that is transmitted to the Company.
Shareholder action by written consent refers to corporate shareholders' right to act by written consent instead of a meeting. This type of consent avoids some of the negative characteristics of shareholder meetings.
Related Definitions Unanimous Written Consent means a written consent executed by at least one representative of each Member.
Shareholder action by written consent refers to corporate shareholders' right to act by written consent instead of a meeting. This type of consent avoids some of the negative characteristics of shareholder meetings.
Unanimous Written Consent means a written consent executed by at least one representative of each Member.
Taking into consideration that written consents are required to be unanimous, third parties can be assured that boards performed their due diligence in documenting that the board solidly supported a specific action.
Shareholder Consent means the written consent of the shareholders of Seller holding the requisite number of votes required to approve this Agreement and the transactions contemplated by this Agreement in accordance with Seller's Organizational Documents and Applicable Law.
Shareholder Consent means the written consent of the shareholders of Seller holding the requisite number of votes required to approve this Agreement and the transactions contemplated by this Agreement in accordance with Seller's Organizational Documents and Applicable Law.
B. An action taken by shareholders without a shareholders' meeting must be taken by all shareholders and must be evidenced by written consent of all shareholders of the corporation if any of the following applies: 1. The action involves the election of directors or the removal of one or more directors.