351.230. Shareholders' meetings--notice of, how given, contents of.
Shareholders' meetings--notice of, how given, contents of.
351.230. 1. Written or printed notice of each meeting ofshareholders stating the place, day and hour of the meeting and, in case ofa special meeting, the purpose or purposes for which the meeting is called,shall be given not less than ten or more than seventy days before the dateof the meeting, by or at the direction of the president, or the secretary,or the officer or persons calling the meeting, to each shareholder ofrecord entitled to vote at such meeting. Written notice shall include, butnot be limited to, notice by electronic transmission which means anyprocess of communication not directly involving the physical transfer ofpaper that is suitable for the retention, retrieval, and reproduction ofinformation by the recipient.
2. Any notice of a shareholders' meeting sent by mail shall be deemedto be delivered when deposited in the United States mail with postagethereon prepaid addressed to the shareholder at his address as it appearson the records of the corporation.
3. Attendance of a shareholder at any meeting shall constitute awaiver of notice of such meeting except where a shareholder attends ameeting for the express purpose of objecting to the transaction of anybusiness because the meeting is not lawfully called or convened.
(L. 1943 p. 410 § 28, A.L. 1945 p. 696, A.L. 1965 p. 532, A.L. 1975 S.B. 14, A.L. 1991 H.B. 219, A.L. 1998 S.B. 680)Effective 5-29-91