Author Question: Action taken by shareholders without holding a meeting is valid under the RMBCA if it is evidenced ... (Read 95 times)

cnetterville · **on:** Jun 24, 2018

Action taken by shareholders without holding a meeting is valid under the RMBCA if it is evidenced by a written consent signed by all the shareholders entitled to vote on the action.
Indicate whether the statement is true or false

Question 2

When a meeting opens with a quorum, the quorum is broken if shareholders leave and those remaining are not sufficient to constitute a quorum.
Indicate whether the statement is true or false