Unanimous Written Consent by Shareholders and the Board of Directors Electing a New Director and Authorizing the Sale of All or Substantially of the Assets of a Corporation

A sale of all or substantially all corporate assets is authorized by statute in most jurisdictions, and the procedures and requirements set forth in the applicable statutes must be complied with. Typical requirements for a sale of all or substantially all corporate assets include appropriate action by the directors establishing the need for and directing the sale, and approval by a prescribed number or percentage of the shareholders.

(more...)

Download: Unanimous Written Consent by Shareholders and the Board of Directors Electing a New Director and Authorizing the Sale of All or Substantially of the Assets of a Corporation

Available from: USLegalForms.com

SKU: US-01825BG

NOTICE: The information and links contained on this web page are intended only to be merely informative and are NOT intended to provide legal advice to any person/entity. Consult with and seek the advice of a qualified lawyer. E.&O.E. Click here for important legal disclaimer.