Examlex
Shareholder approval is not required for consolidation.
MBCA
Model Business Corporation Act, a template for state corporation statutes that provides legal guidelines for corporate governance and operations.
Articles of Incorporation
Legal documents filed with the state government to legally establish a corporation.
Proper Consideration
The requirement in contract law that something of value must be exchanged between the parties to form a valid contract.
Incorporeal Property
Refers to intangible assets owned by an individual or corporation, such as intellectual property, securities, and rights to financial accounts.
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