Proxy Access and Majority Voting
According to TheCorporateCounsel.net yesterday, the Security and Exchange Commission’s proxy access rules were published yesterday in the Federal Register – thereby starting the clock on the effectiveness of the rules. In complying with proxy access, California companies should think about the interplay between Corporations Code § 708.5 and proxy access. Section 708.5 was added to the Code a few years ago at the behest Read more...
