The Revised Act permits the board of directors to adopt certain amendments without shareholder action.These amendments would include:
A) extending the duration of the corporation if it was incorporated when limited duration was required by law.
B) changing each issued and unissued authorized share of an outstanding class into a greater number of whole shares if the corporation has only one class of shares.
C) making minor name changes.
D) All of these.
Correct Answer:
Verified
Q41: Which of the following is true of
Q44: Appraisal rights:
A) belong to dissident shareholders.
B) can
Q46: The RMBCA provides what period of time
Q47: Larson & Son manufactured welders that frequently
Q50: A court may dissolve a corporation in
Q51: Which of the following statements about corporate
Q52: A short-form merger:
A) is not a merger
Q56: Which of the following is a prerequisite
Q57: A consolidation:
A) has precisely the same result
Q60: A corporation may accomplish acquiring all or
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents