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From the company's perspective, shareholder meetings are a regulatory requirement, so both private and public companies must hold these meetings. The rules governing these meetings depend on the state in which the company is incorporated.
Special meetings of members can also be called by the directors to make decisions concerning special business. Special business is generally considered to be any business other than the annual business to be transacted at an annual meeting of members.
From the company's perspective, shareholder meetings are a regulatory requirement, so both private and public companies must hold these meetings. The rules governing these meetings depend on the state in which the company is incorporated. And public companies are held to a higher standard than private ones.
The corporation can allow others to call a special meeting, such as the BoD Chair, CEO, or yes, shareholders.
Notice to Shareholders Most states require notice of any shareholder meeting be mailed to all shareholders at least 10 days prior to the meeting. The notice should contain the date, time and location of the meeting as well as an agenda or explanation of the topics to be discussed.
Special Meetings A special meeting (or a called meeting) is a separate meeting of a society held at a time different from the regular meeting. The bylaws must provide guidelines for special meetings.
Special meetings are unscheduled meetings called from time to time by the board for a specific purpose. Special meetings usually address issues that need immediate attention or that need more time and discussion than can be handled in routine board or annual meetings.
Special meeting is a meeting called by shareholders to discuss specific matters stated in the notice of the meeting. It is a meeting of shareholders outside the usual annual general meeting.
Special meetings of the Board of Directors for any purpose may be called at any time by the President or, if the President is absent or unable or refuses to act, by any Vice President or any two Directors.
Who can attend Shareholders' Meetings? Each holder of one or more shares may attend Shareholders' Meetings, either in person or by written proxy, speak and vote according to the Articles of Association.