Illinois Notice of Special Meeting of Shareholders of Sunstar Foods, Inc.
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How to fill out Notice Of Special Meeting Of Shareholders Of Sunstar Foods, Inc.?
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FAQ
In general, companies require a letter or similar notification from investors having a sufficient number of shares, demanding a special meeting and stating the purpose for that meeting. The company can then set the date for the meeting, typically within a 30 to 90 day time period after receipt of the demand.
The letter will typically state that a meeting is requested and the reason for the meeting. The company then sets the meeting within a set time frame, such as 30 to 90 days, and establishes a record date for eligibility to vote at the meeting.
A Special Meeting may also be referred to as a 'General Meeting' or 'Meeting of Members'. Despite the different names associated with these, the sole key distinction between an Annual Meeting (or Semi-Annual Meeting) and a Special Meeting is that Special Meetings are not regularly scheduled.
Special meeting in lieu of an annual meeting means a special meeting called by Trustees for the purpose of removing Trustees in ance with Section 1.5 of Article I of these By-Laws.
Special meetings of the shareholders may be called for any purpose or purposes, at any time, by the Chief Executive Officer; by the Chief Financial Officer; by the Board or any two or more members thereof; or by one or more shareholders holding not less than 10% of the voting power of all shares of the corporation ...
