Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of the board of directors.
Special Meeting Of Shareholders Template In Alameda
State:
Multi-State
County:
Alameda
Control #:
US-0014-CR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Shareholders must be given clear advance notice of the meeting's date, time, place, and agenda, typically within a state-specified timeframe. A corporation's bylaws or certificate of incorporation may allow the board, executives, or qualifying shareholders to call a special meeting.
Understanding special meetings through an example However, an unexpected opportunity for an acquisition arises, and the board needs to make a quick decision. In this case, the board members may call a special meeting to discuss and approve the acquisition deal.
In addition to specifying the date, time and location of the meeting, special meeting notices should make note of all agenda items. Unless the bylaws indicate something different, board members should only be discussing the business that was stated in the notice for the special meeting.
The special meeting aims to enable the shareholders to know the company's affairs and vote on the management's recommendations in the proposed resolution. The shareholders are equally essential in the decision-making process.
All shareholders must be notified of the format, date, time, and place of the meeting. How far in advance notices should be distributed may depend on your state, but generally, they should be sent out more than 10 days prior to the meeting, but less than 60 days.
(i) Date, time and place of meeting; (ii) Purpose of the meeting; (iii) Notice of any special business to be conducted; (iv) Nature of special business in sufficient details; (v) The text of any special resolution or by-law to be submitted to the meeting; and (vi) Any additional details required by the by-laws or ...
Notice must be delivered to each Shareholder as of the record date for the meeting: 15 Business days before the meeting is to begin for public / non profit companies 10 Business days in any other company type.
A meeting notice should include the following key details: Name and contact information of the meeting chair. Name and role of the sender of the meeting notice. Names and roles of all the invitees. Type of meeting — regular, annual, or special. Date, time and location of the meeting (the notice should also be dated)
