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LSDefine

Simple English definitions for legal terms

shareholder resolution

Read a random definition: writ of error

A quick definition of shareholder resolution:

A shareholder resolution is a formal decision made by the shareholders of a company. It usually involves approving or disapproving the actions of the board of directors. Shareholders are the owners of the company, so their opinions matter. A shareholder resolution can also authorize a specific action or appointment. It is like a vote that helps the company make important decisions.

A more thorough explanation:

A shareholder resolution is a formal action taken by a corporate board of directors or other corporate body authorizing a particular act, transaction, or appointment. It is a document containing such an expression or authorization.

For example, shareholders may pass a resolution to ratify the actions of the board of directors. This means that the shareholders formally approve of the decisions made by the board of directors on behalf of the company.

Another example is a joint resolution, which is a legislative resolution passed by both houses of a legislature. It has the force of law and is subject to executive veto.

These examples illustrate how a shareholder resolution is a formal way for shareholders to express their opinions and make decisions about the actions of a company.

shareholder proposal | shareholders' equity

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RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
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