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Shareholders - Law Dictionary Search Results

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annual meeting

annual meeting : a meeting of shareholders that the law requires a corporation to hold each year

pierce

controlling parties : hold the controlling parties (as officers or shareholders) of a corporation personally liable for wrongful acts or debts

shareholder control agreement

shareholder control agreement : a written unanimous agreement of shareholders that transfers control of specified areas of corporate governance (as

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spin-off

to a subsidiary in return for a distribution to the shareholders of the corporation of all of the stock or controlling

Control

59, p. 55. In the ordinary case one or more shareholders cannot be treated as exercising control if they are absent

Company

whereas in limited company partnerships the liability of the partner'or shareholders, as they are called'is limited either by the charter, Act

A and B lists

liable to contribute. List B is prepared to include the shareholders who are ceased to be but had been shareholders in

trust

the shares as agreed in the trust instrument NOTE: The shareholders transferring legal title to their shares retain the equitable title

trust fund doctrine

trust fund doctrine : a doctrine holding that shareholders to whom assets of an insolvent corporation have been transferred

squeezeout

restricting of decision-making power in corporate governance) through which majority shareholders deprive minority shareholders of the benefit of stock ownership usually

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