17-6306. Submission of matter to a shareholder vote without board of directors determination.

17-6306

Chapter 17.--CORPORATIONS
Article 63.--DIRECTORS AND OFFICERS

      17-6306.   Submission of matter to a shareholder vote without board of directors determination. A corporation may agree to submit a matter to a vote of its stockholders whether or not the board of directors determines at any time subsequent to approving such matter that such matter is no longer advisable and recommends that the stockholders reject or vote against the matter.

      History:   L. 2004, ch. 143, § 11; Jan. 1, 2005.