15 USC 150 - Stockholders’ meetings

U.S Code last checked for updates: Nov 22, 2024

§ 150.

Stockholders’ meetings

(a)

Time of first meeting; quorum

(b)

Questions for determination only by stockholders

The following questions shall be determined only by the stockholders at a stockholders’ meeting:

(1)

Adoption of the bylaws;

(2)

Amendments to the articles of incorporation or bylaws;

(3)

Authorization of the sale of the entire business of the corporation or of an independent branch of such business;

(4)

Authorization of the voluntary dissolution of the corporation; and

(5)

Authorization of application for the extension of the period of duration of the corporation.

(c)

Authorization of amendments to articles of incorporation

(d)

Filing of bylaws and amendments and minutes of stockholders’ meetings with registrar

(Sept. 19, 1922, ch. 346, § 10, 42 Stat. 852; Feb. 26, 1925, ch. 345, § 9, 43 Stat. 996.)

cite as: 15 USC 150