§31D-7-706. Waiver of Notice
(a) A shareholder may waive any notice required by this chapter, the articles of incorporation or bylaws before or after the date and time stated in the notice. The waiver must be in writing, be signed by the shareholder entitled to the notice and be delivered to the corporation for inclusion in the minutes or […]
§31D-7-702. Special Meeting
(a) A corporation must hold a special meeting of shareholders: (1) On call of its board of directors or the person or persons authorized by the articles of incorporation or bylaws; or
§31D-7-703. Court-Ordered Meeting
(a) The circuit court may summarily order a meeting to be held: (1) On application of any shareholder of the corporation entitled to participate in an annual meeting if an annual meeting was not held within the earlier of six months after the end of the corporation's fiscal year or fifteen months after its last […]
§31D-7-704. Action Without Meeting
(a) Action required or permitted by this chapter to be taken at a shareholders' meeting may be taken without a meeting if the action is taken by all the shareholders entitled to vote on the action. The action must be evidenced by one or more written consents bearing the date of signature and describing the […]
§31D-6-628. Expense of Issue
A corporation may pay the expenses of selling or underwriting its shares, and of organizing or reorganizing the corporation, from the consideration received for shares.
§31D-6-630. Shareholders' Preemptive Rights
BY SHAREHOLDERS AND CORPORATION. §31D-6-630. Shareholders' preemptive rights. (a) The shareholders of a corporation do not have a preemptive right to acquire the corporation's unissued shares except to the extent the articles of incorporation provide. (b) A statement included in the articles of incorporation that "the corporation elects to have preemptive rights", or words of […]
§31D-6-631. Corporation's Acquisition of Its Own Shares
(a) Subject to the provisions of chapter thirty-one-a of this code and unless otherwise prohibited by law, a corporation may acquire its own shares and shares so acquired constitute authorized but unissued shares. (b) If the articles of incorporation prohibit the reissue of the acquired shares, the number of authorized shares is reduced by the […]
§31D-6-640. Distributions to Shareholders
§31D-6-640. Distributions to shareholders. (a) A board of directors may authorize and the corporation may make distributions to its shareholders subject to restriction by the articles of incorporation and the limitation in subsection (c) of this section. (b) If the board of directors does not fix the record date for determining shareholders entitled to a […]
§31D-7-701. Annual Meeting
§31D-7-701. Annual meeting. (a) A corporation must hold a meeting of shareholders annually at a time stated in or fixed in accordance with the bylaws. (b) Annual shareholders' meetings may be held in or out of this state at the place stated in or fixed in accordance with the bylaws. If no place is stated […]
§31D-6-623. Share Dividends
(a) Unless the articles of incorporation provide otherwise, shares may be issued pro rata and without consideration to the corporation's shareholders or to the shareholders of one or more classes or series. An issuance of shares under this subsection is a share dividend. (b) Shares of one class or series may not be issued as […]