Washington Amendment to Bylaws regarding election of president, chief executive officer and chairman of board
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How to fill out Amendment To Bylaws Regarding Election Of President, Chief Executive Officer And Chairman Of Board?
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These rights are taken directly from the Washington State Constitution, Article I, Section 35. View the entire constitution online. SECTION 35 VICTIMS OF CRIMES - RIGHTS. Effective law enforcement depends on cooperation from victims of crime.
(1) Unless the articles of incorporation or bylaws provide otherwise, corporate action required or permitted by this title to be approved at a board of directors' meeting may be approved without a meeting if the corporate action is approved by all members of the board.
07.040 in lieu of holding an annual meeting. (1) A corporation shall hold a meeting of shareholders annually at a time stated in or fixed in ance with the bylaws. (2) Annual shareholders' meetings may be held in or out of this state at the place stated in or fixed in ance with the bylaws.
Requirement for and duties of board of directors. (1) Each corporation must have a board of directors, except that a corporation may dispense with or limit the authority of its board of directors by describing in its articles of incorporation, or in a shareholders' agreement authorized by RCW 23B.
Article 8, Section 7, Credit not to be loaned: No county, city, town or other municipal corporation shall hereafter give any money, or property, or loan its money, or credit to or in aid of any individual, association, company or corporation, except for the necessary support of the poor and infirm?
Directors weigh in on such matters as strategic planning, mergers and acquisitions, share repurchase programs, declaring dividends and nominating future board members. They're also responsible for hiring and firing the CEO and for setting the compensation of senior executives.
Among other things, Washington law gives minority shareholders the right to inspect certain corporate records. Minority shareholders also have the right to bring a suit on behalf of the company under circumstances where the controlling shareholders can't or won't bring one (a ?derivative? lawsuit).
SECTION 24 RIGHT TO BEAR ARMS. The right of the individual citizen to bear arms in defense of himself, or the state, shall not be impaired, but nothing in this Section shall be construed as authorizing individuals or corporations to organize, maintain or employ an armed body of men.