Wisconsin Waiver of Special Meeting of Stockholders - Corporate Resolutions

• Category: Corporations - Minutes and Resolutions - Notices and Waivers
• State: Multi-State
• Control #: US-0023-CR
• Format: Word; Rich Text

Description

Form with which the stockholders of a corporation waive the necessity of a special meeting of stockholders.

The Wisconsin Waiver of Special Meeting of Stockholders — Corporate Resolutions refers to a legal document used in the state of Wisconsin to give consent for the waiving of a special meeting of stockholders in a corporation. This waiver allows the corporation to take certain actions or make important decisions without conducting a physical meeting of its stockholders. The waiver is typically initiated by the board of directors or executive management of the corporation when there is a need to take immediate action, but convening a physical meeting would be impractical or time-consuming. By obtaining the waivers from all stockholders, the corporation can save time, effort, and expenses associated with organizing and conducting a traditional meeting. The waiver includes key details such as the name of the corporation, the date of the waiver, and a statement indicating that the stockholders are waiving their right to a special meeting. It also outlines the specific actions or decisions that the corporation is authorized to undertake based on this waiver. This can include approving mergers, acquisitions, changes in capital structure, amendments to the bylaws or articles of incorporation, or any other significant business transactions. It is important to note that the Wisconsin Waiver of Special Meeting of Stockholders — Corporate Resolutions can have different types or variations depending on the specific purpose or situation. Some common types may include: 1. General Wisconsin Waiver of Special Meeting: This type of waiver allows stockholders to give their consent for any general actions or decisions that the corporation needs to make without holding a special meeting. 2. Wisconsin Waiver for Mergers and Acquisitions: This type of waiver is specific to authorizing the corporation to pursue mergers or acquisitions without a special meeting. It may include additional clauses to ensure stockholder protection and adequate disclosure of the terms of the transaction. 3. Wisconsin Waiver for Amendments to Articles of Incorporation or Bylaws: This type of waiver is used when the corporation intends to modify its articles of incorporation or bylaws. The waiver allows the stockholders to waive their right to a special meeting and consent on the proposed changes. In conclusion, the Wisconsin Waiver of Special Meeting of Stockholders — Corporate Resolutions is a legal document used in Wisconsin to obtain consent from stockholders to waive the requirement of holding a special meeting. Different types of waivers may exist depending on the purpose or nature of the actions or decisions that need to be approved without a meeting.