Under the Model Act,who has the right to call a special meeting of the shareholders to vote on an emergency issue that cannot wait until the next annual meeting?
A) Shareholders who own at least 10 percent of a company's stock.
B) The board of directors.
C) Both of the above.
D) None of the above.

Question

Quizplus · Accepted Answer

Both shareholders who own at least 10 percent of a company's stock and the board of directors have the right to call a special meeting under the Model Act.

Under the Model Act,who Has the Right to Call a Special