A corporation may not declare and distribute dividends unless it has excess solvency.
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Q10: Corporation law authorizes a shareholder to bring
Q11: Prior to bringing a derivate action,a shareholder
Q12: After a merger,the first corporation remains liable
Q13: Minutes of the meetings are usually kept
Q14: Only those shareholders who sign a shareholder
Q16: A proxy is appointed by the corporation
Q17: Most state statutes and the Model Business
Q18: A person who purports to act on
Q19: Corporations must give notice of the annual
Q20: The per share value of the shares
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