California Annual Meetings and ID Requirements
Thursday, April 8, 2021 State corporate laws are surprisingly sparse on the details of annual meetings. The California Corporations Code, for example, requires that a corporation hold an annual meeting for the election of directors but does not detail who can or cannot attend that meeting. Cal. Corp. Code § 600(b). Given this legal lacuna, do shareholders have a right to attend meetings of shareholders and can corporations impose conditions upon attendance? Many publicly traded companies do impose conditions upon attendance, including a requirement that the shareholder presen...
Source: natlawreview.com
