Under the Revised Act,if the charter simply states that the corporation elects to have preemptive rights,the shareholders have no preemptive rights with respect to:

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Under the Revised Act, if the charter elects to have preemptive rights, shareholders do not have preemptive rights for shares issued as compensation to directors, officers, and employees, and for shares issued within six months of incorporation.

Under the Revised Act,if the Charter Simply States That the Corporation