Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of stockholders.
Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of stockholders.
Here are a few valid reasons for calling a special meeting: An urgent matter needs to be dealt with before the next regular meeting. There is a proposal to amend bylaws. Adopting or amending special rules of order.
A quick definition of special meeting: A special meeting is a gathering of people that is called for a specific purpose or reason. It is different from a regular meeting because it is not scheduled in advance and is only held when necessary.
For example, a company may call a special meeting to discuss a major decision, such as a merger or acquisition. A school board may call a special meeting to address a specific issue, such as a budget shortfall.
Any meeting that is not a regular meeting of the governing body (i.e., that falls outside the time established for regular meetings and is not an adjournment or continuation of a regular meeting) is considered a “special meeting.” See RCW 42.30.
These may be referred to as special, ordinary, or extraordinary meetings. These general meetings are convened in ance with the association's constitution and are held to deal with any matters that should not wait until the next AGM.
In contrast, a special board meeting is a meeting that is not scheduled well in advance and is called by someone – authorized either under the law or the organization's bylaws – for a special purpose.