You can spend time on the web searching for the lawful papers template that meets the state and federal needs you require. US Legal Forms offers 1000s of lawful forms that happen to be examined by professionals. You can easily download or produce the Colorado Voting Trust and Divestiture Agreement from the services.
If you have a US Legal Forms accounts, you may log in and then click the Obtain switch. Next, you may complete, revise, produce, or signal the Colorado Voting Trust and Divestiture Agreement. Each lawful papers template you purchase is your own forever. To acquire an additional backup associated with a purchased type, proceed to the My Forms tab and then click the related switch.
If you are using the US Legal Forms internet site for the first time, stick to the straightforward instructions listed below:
Obtain and produce 1000s of papers layouts while using US Legal Forms web site, which provides the most important selection of lawful forms. Use expert and express-certain layouts to tackle your company or person needs.
Voting trusts are often formed by company directors, but sometimes a group of shareholders will form one to exercise some control over the corporation. It can also be used to resolve conflicts of interest, increase shareholders' voting power, or ward off a hostile takeover.
Voting trust certificates are "securities" as that term is defined by Section 2(1) of the Securities Act of 1933,37 and by many similar provisions under the various state securities laws.
(1) The term ?security? means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, ...
A voting trust is a contract between shareholders in which their shares and voting rights are temporarily transferred to a trustee. A voting agreement is a contract in which shareholders agree to vote a certain way on specific issues without giving up their shares or voting rights.
What is a Voting Trust? A voting trust is an arrangement where the voting rights of shareholders are transferred to a trustee for a specified period. The shareholders are then awarded trust certificates that provide evidence that they are beneficiaries of the trust.
A voting agreement is an agreement between shareholders to vote their shares in a specific way. Instead of delegating voting authority to a third party as is the case in a voting trust, in a voting agreement, each shareholder pledges to abide by the agreement.
A trust formed when individual shareholders transfer both the legal title and voting rights in their shares to a trustee. The trustee then controls a unified voting block - with a stronger voice on matters of corporate governance than the individual shareholders could have on their own.
While the proxy may be a temporary or one-time arrangement, often created for a specific vote, the voting trust is usually more permanent, intended to give a bloc of voters increased power as a group?or indeed, control of the company, which is not necessarily the case with proxy voting.