A voluntary dissolution of a corporation generally requires approval by a majority of the shares entitled to vote.

Name: A voluntary dissolution of a corporation generally requires approval by a majority of the shares entitled to vote.
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According to most state laws, the approval of a majority of the shares entitled to vote is required for voluntary dissolution of a corporation. However, specific requirements may vary by state and by the corporation's bylaws.

A Voluntary Dissolution of a Corporation Generally Requires Approval by a Majority