Missouri Reduction in Authorized Number of Directors

State:
Multi-State
Control #:
US-CC-14-170D
Format:
Word; 
Rich Text
Instant download

Description

This is a Reduction in Authorized Number of Directors form, to be used across the United States. It is used when either the Shareholders, or the Board of Directors, feels that the number of authorized directors should be reduced by a certain amount.
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FAQ

Collective bargaining is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more.

The NLRA guarantees the right of employees to organize and bargain collectively with their employers, and to engage in other protected concerted activity. Employees covered by the NLRA* are protected from certain types of employer and union misconduct.

Missouri Civil Statutes of Limitations at a Glance In Missouri, plaintiffs have up to five years to file a lawsuit for personal injury, defamation, and medical malpractice. However, a maximum of 10 years is allowed for discovery of an injury.

Collective bargaining is a process through which the union and employer exchange proposals, share ideas, mutually solve problems, and reach a written agreement. Most times, bargaining occurs when an existing contract is going to expire.

The following are Missouri's requirements for directors of corporations: Minimum number. Corporations must have not less than three directors unless there are only one or two shareholders of record, in which case the number of directors may be less than three but not less than the number of shareholders.

I Section 29. Organized labor and collective bargaining. ? That employees shall have the right to organize and to bargain collectively through representatives of their own choosing.

These issues include compensation, working conditions, the work environment, benefits, and company policies and procedures. Collective bargaining also provides ways to settle disputes that may come up between employers and their employees.

The Missouri Uniform Condominium Act Section 448.3-103(7) allows for the removal of board members as follows: ?Notwithstanding any provision of the declaration or bylaws to the contrary, the unit owners, by a two-thirds majority vote of all persons present and entitled to vote at any meeting of the unit owners at which ...

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Missouri Reduction in Authorized Number of Directors