Board Directors Corporate Without Voting Rights In Illinois

State:
Multi-State
Control #:
US-0018-CR
Format:
Word; 
Rich Text
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Description

Form with which the Directors of a corporation waive the necessity of a first meeting of directors.


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No shareholder shall enter into a voting trust agreement or any type of agreement vesting another person with the authority to exercise the voting powers of any. Meetings of shareholders may be held either within or without this State, as may be provided in the by-laws or in a resolution of the board of directors.Election and term of office of directors. In Illinois, either the shareholders or the directors can prepare the corporate bylaws.

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Board Directors Corporate Without Voting Rights In Illinois