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LSDefine

Simple English definitions for legal terms

class voting

Read a random definition: Patriot Act

A quick definition of class voting:

Class voting is when different groups of shareholders in a company vote separately on important changes that affect their specific rights and privileges. For example, one group of shareholders may have more voting power when it comes to decisions about dividends, while another group may have more say in decisions about mergers and acquisitions. This helps ensure that each group's interests are represented fairly in the decision-making process.

A more thorough explanation:

Definition: Class voting is a method of shareholder voting where different classes of shares vote separately on fundamental corporate changes that affect the rights and privileges of that class.

For example, if a company has two classes of shares, Class A and Class B, and a proposal is made to change the dividend payout for Class A shares, only the Class A shareholders would vote on that proposal. This ensures that each class of shareholders has a say in decisions that directly affect them.

Class voting is important because it allows shareholders to protect their interests and ensures that decisions are made in a fair and equitable manner.

class-two insured | clausa rebus sic stantibus

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18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
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