Which of the following is true of an amendment of the articles of incorporation that does not affect the rights attached to shares?
A) The shareholders need to propose a resolution of recommending such an amendment.
B) The shareholders need to provide vote of approval for the amendment.
C) The board of directors can approve the amendment without shareholder approval.
D) The amendment need not be filed with the secretary of state of the state of incorporation.
Correct Answer:
Verified
Q24: An S corporation must pay federal income
Q25: Which of the following must be true
Q26: Which of the following acts is seen
Q27: An S corporation can have nonresident aliens
Q28: The _ is the basic governing document
Q30: A corporation is a foreign corporation in
Q31: Which of the following is true for
Q32: Compare and contrast publicly held and closely
Q33: Which of the following must be included
Q34: A foreign corporation can conduct commerce in
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