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  2. Directors register - Wikipedia

    en.wikipedia.org/wiki/Directors_register

    In corporate law, the directors register is a list of the directors elected by the shareholders, generally stored in the company's minute book.By law, companies are required to keep this list up to date to remove those directors who are deceased or resign, and to add those who have been elected by the shareholders [1] However, the register must also list any person who had been a director ...

  3. Corporate resolution - Wikipedia

    en.wikipedia.org/wiki/Corporate_resolution

    The form and structure of this document varies depending on the state in which the corporation is organized. For a corporate action, if allowed by state law and by the bylaws of the corporation, the board of directors may use a written document to waive formal notice of a meeting and unanimously consent to a resolution.

  4. Non-stock corporation - Wikipedia

    en.wikipedia.org/wiki/Non-stock_corporation

    There are different reasons for forming a non-stock, for profit corporation. A corporation created solely to act as nominal owner of some property might not need to have shares of stock because all of the directors or members would have been co-owners. For example, owning a safe deposit box in a corporate name: if the corporation is non-stock, the directors of the corporation are not its ...

  5. Power of attorney - Wikipedia

    en.wikipedia.org/wiki/Power_of_attorney

    Even when not required, having the document reviewed and signed (and often stamped) by a notary public may increase the likelihood of withstanding a legal challenge. [8] If the attorney-in-fact is being paid to act on behalf of the principal, a contract for payment may be separate from the document granting power of attorney. If that separate ...

  6. Company Directors Disqualification Act 1986 - Wikipedia

    en.wikipedia.org/wiki/Company_Directors...

    Lord Millett, in the opinion he gave in Official Receiver v Wadge Rapps & Hunt [2003] UKHL 49 (31 July 2003), summarized the history of disqualification orders in British company law, noting that they were originally created under s. 75 of the Companies Act 1928 (subsequently consolidated as s. 275 of the Companies Act 1929), which was enacted on the recommendation of the Report of the Company ...

  7. Memorandum of understanding - Wikipedia

    en.wikipedia.org/wiki/Memorandum_of_understanding

    In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).

  8. Tag-along right - Wikipedia

    en.wikipedia.org/wiki/Tag-along_right

    Tag-along rights are a form of contract clause and therefore not enshrined in statutes. As such, they have to be agreed upon by the parties beforehand in a shareholders’ agreement . [ 8 ] Unlike a company's articles of association , these shareholders’ agreements are not public documents registered to the government, but private dealings ...

  9. Squeeze-out - Wikipedia

    en.wikipedia.org/wiki/Squeeze-out

    Although a leveraged buyout (LBO) is an effective tool for a group of investors to use to purchase a company, it is less well suited to the case of one company acquiring another. An alternative is the freeze-out merger; the Laws on tender offers allow the acquiring company to freeze existing shareholders out of the gains from merging by forcing ...

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