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Shareholder - Law Dictionary Search Results

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dissent

dissent 1 : to withhold assent or approval [unfair squeezeout transactions-the kind to which public shareholders seem most likely to "R. C. Clark"] see also appraisal NOTE: A shareholder who dissents from a proposed

dissolution

termination of a corporation involuntary dissolution : dissolution of a corporation by a court in response to a shareholder petition based on statutorily prescribed grounds voluntary dissolution : dissolution of a corporation upon the initiative of the

dividend

benefit (as unreasonable compensation or use of corporate property) or transfer of funds from a corporation to a shareholder that is interpreted by a taxing authority as a dividend cumulative dividend : a dividend distributed to preferred

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duty

of a corporation to disclose all material facts known to them about a transaction when they are seeking shareholder approval duty of care : a duty to use due care toward others in order to protect them

notice

vt no·ticed no·tic·ing 1 : to make known through notice [appeals noticed for the coming session] [a noticed shareholder meeting] 2 : to recognize formally [in a civil action or proceeding, the court shall instruct the jury

preemptive right

preemptive right 1 : right of first refusal 2 : the right of a shareholder to buy shares of newly issued stock in proportion to existing holdings before a public offering is made

proper

being in accordance with established procedure, law, jurisdiction, or standards of care, fairness, and justice [argued that the shareholder was acting in bad faith and lacked a purpose for examining its records] prop·er·ly adv

demand

call for something (as payment for a debt) esp. based on a right or made with force [a shareholder must first make a on the corporation's board of directors to act "R. C. Clark"] [a written for

record date

record date : the date on which a corporation determines the identity of its shareholders and their holdings (as for determining who is entitled to notice of a shareholder meeting or who is

solicitation

solicitation : an act or practice or an instance of soliciting [ of a proxy for a shareholder vote] ;specif : the crime of soliciting someone to commit a crime (as murder)

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