Mexican corporations may issue three types of stock. Series A stock can only be owned by Mexican nationals. These shares must constitute at least what percentage of corporate voting rights?

Question

Quizplus · Accepted Answer

According to Mexican law, Series A stock can only be owned by Mexican nationals, and they must constitute at least 51% of the voting rights in a Mexican corporation. This requirement is known as the "Mexican ownership requirement" and is intended to promote Mexican ownership and control of businesses operating in the country.

Mexican Corporations May Issue Three Types of Stock