Washington Code 23B.08.245 – Corporate action — Vote of shareholders
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A corporation may agree to submit a corporate action to a vote of its shareholders whether or not the board of directors determines at any time subsequent to approving such a corporate action that it no longer recommends the corporate action.
[ 2011 c 328 § 4.]
Terms Used In Washington Code 23B.08.245
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.