Minneapolis Minnesota Unanimous Written Consent by Shareholders Electing Board of Directors
Category:
State:
Multi-State
City:
Minneapolis
Control #:
US-0750BG
Format:
Word;
Rich Text
Instant download
Description
Both the Model Business Corporation Act and the Revised Model Business Corporation Act provide that acts to be taken at a shareholders' meeting or a director's meeting may be taken without a meeting if the action is taken by all the shareholders or directors entitled to vote on the action. The action must be evidenced by one or more written consents bearing the date of signature and describing the action taken, signed by all the shareholders or directors entitled to vote on the action, and delivered to the corporation for inclusion in the minutes or filing with the corporate records.
