Corporate Bylaws Template Page 2
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12(g) Miscellaneous business.
2.4
Special Meetings: Special meetings of the shareholders for any purpose
may be called at any time by the President, Board of Directors, or the
holders of not less than one-twenty of all shares entitled to vote at the
meeting.
2.5
Notice:
(a) Notice of the time and place of an annual meeting of shareholders
shall be given by delivering personally or by mailing a written or
printed notice of the same, at least ten days, and not more than fifty
days, prior to the meeting, to each shareholder of record entitled to
vote at such meeting.
(b) At least ten days and not more than fifty days prior to the meeting,
written or printed notice of each special meeting, and the purpose or
purposes for which the meeting is called, shall be delivered
personally, or mailed to each shareholder of record entitled to vote at
such meeting.
2.6
Voting Record: At least ten days before each meeting of shareholders, a
complete record of the shareholders entitled to vote at such meeting, or
any adjournment thereof, shall be made, arranged in alphabetical order,
with the address of and number of shares held by each, which record shall
be kept on file at the registered office of the corporation for a period of ten
days prior to the meeting. The records shall be kept open at the time and
place of such meeting for the inspection of any shareholder.
2.7
Quorum: Except as otherwise required by law:
(a) A quorum at any annual or special meeting of shareholders shall
consist of shareholders representing, either in person or by proxy, a
majority of the outstanding capital stock of the corporation, entitled to
vote at such meeting.
(b) The voters of a majority in interest of those present at any properly
called meeting or adjourned meeting of shareholders at which a
quorum as in this paragraph defined is present, shall be sufficient to
transact business.
2.8
Closing of Transfer Books and Fixing Record Date: For the purpose of
determining shareholders entitled to notice of or to vote at any meeting of
shareholders, or any adjournment thereof, or entitled to receive payment of
any dividend, the Board of Directors may provide that the stock transfer
books shall be closed for a stated period not to exceed fifty days nor be
less than ten days preceding such meeting. In lieu of closing the stock
transfer books, the Board of Directors may fix in advance a record date for
Corporate Bylaws - 2
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Parent category: Business