Many state antitakeover statutes cover corporations that have their principal office in the state,have a certain percentage of its shareholders who are residents of the state,or have residents of the state who own a certain percentage of the corporation's stock.

Question

Quizplus · Accepted Answer

Many state antitakeover statutes do cover corporations based on factors such as having their principal office in the state, a certain percentage of resident shareholders, or a certain percentage of the corporation's stock owned by state residents.

Many State Antitakeover Statutes Cover Corporations That Have Their Principal